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The company you analyze paid $0.90 of dividend last year. This common stock is currently traded for $27.50. You expect the dividend to grow at

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The company you analyze paid $0.90 of dividend last year. This common stock is currently traded for $27.50. You expect the dividend to grow at 7.00% (constant). Based on the DCF approach, what is the cost of equity from retained earnings? 9.29% 9.68% 10.08% 10.50% 10.92%

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