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8. Boca Enterprises will pay an annual dividend of $1.56 a share next year with future dividends increasing by 4.2 percent annually. What is the
8. Boca Enterprises will pay an annual dividend of $1.56 a share next year with future dividends increasing by 4.2 percent annually. What is the cost of common stock if the stock is currently selling for $48.10 a share?
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