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the earnings, dividends, and common stock price of a company are expected to grow at 3% per year in the future. The company's common stock
the earnings, dividends, and common stock price of a company are expected to grow at 3% per year in the future. The company's common stock currently sells for $21.50 per share. The company just paid a dividend of $3.00, and it will pay its next dividend of $3.09 in one year.
What is the cost of common equity?
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