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Raytheon Co has a common stock that will pay a dividend of $6 per share next year. If the common stock price today is $130

Raytheon Co has a common stock that will pay a dividend of $6 per share next year. If the common stock price today is $130 and the growth rate of firm is 0.01, find the cost of capital for common stock.

10.84%

14.08%

5.62%

7.86%

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