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The Wonderful Company just paid a dividend of $6.59 per share. The growth rate of dividends in the future will be 11 percent annually. Find

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The Wonderful Company just paid a dividend of $6.59 per share. The growth rate of dividends in the future will be 11 percent annually. Find the Cost of Equity Capital if the current ex-dividend stock price of The Wonderful Company is $61.24. Select one: O a. 21.8 percent O b. 22.9 percent c. 11.9 percent d. 66.5 percent

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