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QUESTION 12 A firm's stock is selling for $47.50. The dividend yield is 5.75%. A 4.5% constant growth rate is expected for the common stock

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QUESTION 12 A firm's stock is selling for $47.50. The dividend yield is 5.75%. A 4.5% constant growth rate is expected for the common stock for long time. The firm's tax rate is 21%. What is the firm's cost of retained earnings? 0 9.50% 10.25% 11.35% AM 8.75% O 12.45%

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