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Judy's Boutique just paid an annual dividend of $2.59 on its common stock. The firm increases its dividend by 3.35 percent annually. What is the
Judy's Boutique just paid an annual dividend of $2.59 on its common stock. The firm increases its dividend by 3.35 percent annually. What is the company's cost of equity if the current stock price is $39.40 per share?
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9.92%
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9.65%
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9.37%
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10.53%
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10.14%
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