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Stark Industries has paid annual dividends of $1.24, $1.30, $1.4, and $1.5 per share over the last four years, respectively. The stock is currently selling

Stark Industries has paid annual dividends of $1.24, $1.30, $1.4, and $1.5 per share over the last four years, respectively. The stock is currently selling for $15 a share. What is this firm's cost of equity?

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