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The common stock for Oxford, Inc. is currently selling for $23.41, and the firm paid a dividend last year of $1.73. The dividends and earnings

The common stock for Oxford, Inc. is currently selling for $23.41, and the firm paid a dividend last year of $1.73. The dividends and earnings per share are projected to have an annual growth rate of 4.4 percent into the foreseeable future. What is the cost of common equity for Oxford?

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