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Problem 10 Intro Luna Lemon has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 4% forever.

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Problem 10 Intro Luna Lemon has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 4% forever. Its stock price is $37.1. Part 1 Attempt 1/5 for 2 pts. What is Luna Lemon's cost of equity? 3+ decimals Submit

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