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Peter Company is a small company and has paid relatively high annual dividends of 5 . 5 8 , 6 . 6 6 , 7

Peter Company is a small company and has paid relatively high annual dividends of 5.58,6.66,7.72, and 8.75 per share over the last four years, respectively. The stock is currently selling for 100.08 per share. What is the cost of equity? A.28.84% B.26.36% C.23.86% D.30.05%

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