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Question 14 2 pts If the dividends to be paid in one year on your common stock outstanding are $4.53 per share, the current price

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Question 14 2 pts If the dividends to be paid in one year on your common stock outstanding are $4.53 per share, the current price of the stock is $59, and the expected growth rate in dividends is 3.31%, what is the cost of common equity (internal equity)? (Answer in percentage terms, rounded to 2 decimal places)

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