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QUESTION 8 5 points Saved A stock is selling at $ 110.3 and the firm announced the next dividend (D1) at $ 2.46. Assume that

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QUESTION 8 5 points Saved A stock is selling at $ 110.3 and the firm announced the next dividend (D1) at $ 2.46. Assume that the constant growth rate is 5%. What would be the cost of equity raised by selling new stocks? % (to two decimal places)

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