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reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its

reliable electric is a regulated public utility, and it is expected to provide steady dividend growth of 5% per year for the indefinite future. its last dividend was $5 per share. the stock sold for $50 per share just after the dividend was paid. what is the companys percentage cost of equity?

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