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Sheridan Wok Co. is expected to pay a dividend of $2.00 one year from today on its common shares. That dividend is expected to increase

Sheridan Wok Co. is expected to pay a dividend of $2.00 one year from today on its common shares. That dividend is expected to increase by 5.00 percent every year thereafter. If the price of Sheridan common stock is $25.00, what is the cost of its common equity capital?

Cost of common equity enter the Cost of common equity in percentages %

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