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Sutter Corporation's common stock is selling for $16.80 a share. Last year Sutter paid a dividend of $.80. Investors are expecting Sutter's dividends to grow

Sutter Corporation's common stock is selling for $16.80 a share. Last year Sutter paid a dividend of $.80. Investors are expecting Sutter's dividends to grow at an annual rate of 5% per year. What is the cost of internal equity?

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