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Jumbuck Exploration has a current stock price of $2.55 and is expected to sell for S2 year's time, immediately after it pays a dividend of

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Jumbuck Exploration has a current stock price of $2.55 and is expected to sell for S2 year's time, immediately after it pays a dividend of $0.34. Which of the following is closest to Jumbuck Exploration's equity cost of capital? 9.22% 23.04% 18.43% 1 1.06%

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