The Tribiani Company just issued a dividend of $ 2 . 6 0 per share on its
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Question:
The Tribiani Company just issued a dividend of $ per share on its common stock. The company is expected to maintain a constant percent growth rate in its dividends indefinitely. If the stock sells for $ a share, what is the companys cost of equity?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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