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The expected return on the market is 8.75%. A stock that currently sells for $75 per share has a beta of 0.9 . The company

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The expected return on the market is 8.75%. A stock that currently sells for $75 per share has a beta of 0.9 . The company just paid a dividend per share in the amount of $2 and future dividends are expected to increase 5% per year indefinitely. What is the company's cost of equity capital

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