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Question 9 5 points Save Answer Alim just paid a dividend of $2.00 per share on its common stock Dividends are expected to grow at

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Question 9 5 points Save Answer Alim just paid a dividend of $2.00 per share on its common stock Dividends are expected to grow at a constant rate of 4% per year forever. I the stock currently sells for $53 per share, what is the cost of common equity? Enter your answer as a percentage with at least 1 decimal place (eg, enter an answer of 001234 as 12)

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