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Incorrect Question 8 0/5 pts Carlton Resorts, Inc. expects to pay a common stock dividend of $2.00 this year. Dividends are expected to grow at

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Incorrect Question 8 0/5 pts Carlton Resorts, Inc. expects to pay a common stock dividend of $2.00 this year. Dividends are expected to grow at a 4% rate for the foreseeable future. Carlton's common stock is selling for $20.00 per share and issuance costs are $5.00 per share. What is Carltons' cost of external equity? 17.87% 17.95% 17.11% 17.33%

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