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The Sunshine Purple Company is expected to pay an annual dividend of 3.50 on its common stock in one year. the current stock price is
The Sunshine Purple Company is expected to pay an annual dividend of 3.50 on its common stock in one year. the current stock price is 70.00 per share. The company announced that it will increase its dividend by 3.5 percent annually. What is the company's cost of equity?
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