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The common stock for Greenland Financials currently sells for $51 per share. The firms last dividend was $7, and its dividends are anticipated to grow
The common stock for Greenland Financials currently sells for $51 per share. The firms last dividend was $7, and its dividends are anticipated to grow at the rate 5% as they did over the past. Calculate the companies cost of internal common equity.
Round your answer to the nearest 0.01%. Enter your answer as a percentage. For example, if your answer is 5.28%, enter 5.28.
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