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Find the Cost of Equity: The company has issued equity stock priced at $1000 each for its 15,000 shares. the company is expected to give

Find the Cost of Equity: The company has issued equity stock priced at $1000 each for its 15,000 shares. the company is expected to give $110 as dividend for each share next year and thereafter the company is expected to grow at the rate of 10% in the foreseeable future. What is its equity cost of capital? Question 2 options: 21% 18% 24% 15%

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