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Question Completion Status: Moving to the next question prevents changes to this answer. Question 106 Question 1 1 points Commercial Construction Builders has a beta

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Question Completion Status: Moving to the next question prevents changes to this answer. Question 106 Question 1 1 points Commercial Construction Builders has a beta of 1 34 a dividend growth rate of 21 percent for the foreseeable future, a stock price of 515 per share and an expected annual dividend of 50 45 per share next year. The market rate of retum is 12 8 percent and the risk free rate is 42 percent. What is the firm's were cost of equity? O a. 10 35 percent 1 10 77 percent C851 percent 10.41 percent 379 percent

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