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Salte Corporation is issuing new common stock at a market price of $27.84. Dividends last year were $1.45 and are expected to grow at an
Salte Corporation is issuing new common stock at a market price of $27.84. Dividends last year were $1.45 and are expected to grow at an annual rate of 5.9 percent forever. What is Salte's cost of common equity?
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