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Jumbuck Exploration has a current stock price of $2.50 and is expected to sell for $2.63 in one year's time, immediately after it pays a

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Jumbuck Exploration has a current stock price of $2.50 and is expected to sell for $2.63 in one year's time, immediately after it pays a dividend of $0.37. Which of the following is closest to Jumbuck Exploration's equity cost of capital? O A. 20% OB. 12% O C. 25% OD. 10%

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