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GM has a current stock price of $97.88. If they issued a dividend of $3.18 last week, and the dividend is projected to grow at

GM has a current stock price of $97.88. If they issued a dividend of $3.18 last week, and the dividend is projected to grow at 4.9% what is the cost of equity capital for GM? Please provide all answers to then nearest two decimal places (9.99%)

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