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Not sure. Jumbuck Exploration has a current stock price of $2.45 and is expected to sell for $2.57 in one year's time, immediately after it

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Not sure.
Jumbuck Exploration has a current stock price of $2.45 and is expected to sell for $2.57 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? A. 25% B. 20% C. 12% D. 10%

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