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SodaFizz paid a dividend of $ 2 per share last year; its dividend has been growing at a rate of 2 % per year, and

SodaFizz paid a dividend of $2 per share last year; its dividend has been growing at a rate of 2% per year, and that growth rate is expected to continue into the future. The stock of SodaFizz is currently trading at $19.50 per share According to the constant dividend growth model, what is the cost of equity capital for SodaFizz?

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