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Jumbuck Exploration has a current stock price of $ 2 . 1 0 and is expected to sell for $ 2 . 2 1 in

Jumbuck Exploration has a current stock price of $ 2.10 and is expected to sell for $ 2.21 in one year's time, immediately after it pays a dividend of $ 0.29. Which of the following is closest to Jumbuck Exploration's equity cost of capital?

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