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QUESTION 1 10 The Alpha Co. just issued a dividend of $4.00 per share on its common stock. The company is expected to maintain a

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QUESTION 1 10 The Alpha Co. just issued a dividend of $4.00 per share on its common stock. The company is expected to maintain a constant 6.0% growth rate in its dividends indefinitely. If the stock sells for $65 a share, what is the company's cost of equity? a. 9.52% b. 13.52% C. 12.52% d. 11.52%

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