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Intro IBM has just paid a quarterly dividend of $0.7 per share. Analysts expects IBM to grow dividends by 0.2% from quarter to quarter

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Intro IBM has just paid a quarterly dividend of $0.7 per share. Analysts expects IBM to grow dividends by 0.2% from quarter to quarter forever. IBM's stock price is $204. Part 1 What is IBM's quarterly cost of equity? 4+ decimals Submit Attempt 2/10 for 10 pts.

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