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Jansen Corporation has a current stock price of $20. Next years dividend is projected to be $2.00. The payout ratio is 20% and projected ROE

Jansen Corporation has a current stock price of $20. Next years dividend is projected to be $2.00. The payout ratio is 20% and projected ROE is 20%. The cost of equity is

A. 11.2

B. 11.4

C. 11.6

D. None of the above

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