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The ordinary shares of Gerrard Ltd are quoted at $2 per share. A dividend of 15 is about to be paid. There is expected to

The ordinary shares of Gerrard Ltd are quoted at $2 per share. A dividend of 15 is about to be paid. There is expected to be no growth in dividends. What is cost of equity?
Group of answer choices
8%
7.75%
7.5%
0.75%

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