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Jumbuck Exploration has a current stock price of $ 2.20 and is expected to sell for $ 2.31 in one year's time, immediately after it

Jumbuck Exploration has a current stock price of

$ 2.20

and is expected to sell for

$ 2.31

in one year's time, immediately after it pays a dividend of

$ 0.28

Which of the following is closest to Jumbuck Exploration's equity cost of capital?

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