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If you valued Large Oil, Inc. for $ 5 0 and the firm pays a $ 3 . 5 5 annual dividend ( current dividend

If you valued Large Oil, Inc. for $50 and the firm pays a $3.55 annual dividend (current dividend) which you expect to grow at 5.6 percent, what is the estimated cost of equity (required rate of return) on your investment? 13.10%13.53%16.46%17.09%

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