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Oriole Wok Co . is expected to pay a dividend of $ 1 . 6 one year from today on its common shares. That dividend

Oriole Wok Co. is expected to pay a dividend of $1.6 one year from today on its common shares. That dividend is expected to increase by 5% every year thereafter. If the price of Oriole common stock is $20, what is the cost of its common equity capital

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