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Given the following information, what is your best estimate for the firm's cost of equity on January 2, 2007 the stock sells for $60 on

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Given the following information, what is your best estimate for the firm's cost of equity on January 2, 2007 the stock sells for $60 on that day? Date Dividend 12/31/02 $3.50 12/31/03 $3.68 12/31/041 $3.95 12/31/05 $4.29 12/31/06 $4.32 Multiple Choice 13.0% 12.1% 12.6% 20.2% 14.4%

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