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Question 5: Assume that A limited paid a dividend of 27.1 cents per share just recently. The shares currently sell for $10.3. You also estimate
Question 5: Assume that A limited paid a dividend of 27.1 cents per share just recently. The shares currently sell for $10.3. You also estimate that the dividend will grow steadily at 2.8 % per year into the indefinite future. What is the cost of capital, ke for A limited? Answer as a percentage accurate to two decimal places.Do not enter the % sign.Explain the process of answer.
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