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Question 5 3 pts A company's earnings, dividends, and common stock price are expected to grow at 8% per year in the future. The company's

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Question 5 3 pts A company's earnings, dividends, and common stock price are expected to grow at 8% per year in the future. The company's common stock sells for $27.00 per share, its last dividend was $2.00 and it will pay a dividend of $2.26 at the end of the year. Using the Discounted Cash Flow (DCF) approach, what is the cost of common equity? 16.37% O 15.25% 18.0% 1796

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