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Subhaya Systems recently paid its annual dividend of $1.10 per share. These dividends have been increasing by 7.5 percent each year and this trend is

Subhaya Systems recently paid its annual dividend of $1.10 per share. These dividends have been increasing by 7.5 percent each year and this trend is expected to continue.

What is the cost of equity if the stock sells for $58.25 per share?

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