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Lock Stages ordinary shares are expected to pay an annual dividend equal of $1.55, and it is commonly known that the company expects dividends paid
Lock Stages ordinary shares are expected to pay an annual dividend equal of $1.55, and it is commonly known that the company expects dividends paid to increase by 11.10 per cent for the next 2 years and by 2 per cent thereafter. If the current price of Lock Stages ordinary shares is $16.93, what is the cost of ordinary equity capital for the company?
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