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IBM just paid a dividend of $3.5 and expects these dividends to grow at 7% a year. The price of IBM is $100 per share.
IBM just paid a dividend of $3.5 and expects these dividends to grow at 7% a year. The price of IBM is $100 per share. What is IBM's cost of equity capital? O A. 10.21% OB. 3.22% O C. 7% OD. 10.75%
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