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Jumbuck Exploration has a current stock price of $2.05 and is expected to sell for $2.15 in one year's time, immediately after it pays a

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Jumbuck Exploration has a current stock price of $2.05 and is expected to sell for $2.15 in one year's time, immediately after it pays a dividend of $0.30. Which of the following is closest to Jumbuck Exploration's equity cost of capital? 19.51% 9.76% 11.71% 24.39%

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