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UULIOL 4 pts To determine its cost of capital, a firm uses the Dividend Growth Model but not the Capital Asset Pricing Model. Its common

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UULIOL 4 pts To determine its cost of capital, a firm uses the Dividend Growth Model but not the Capital Asset Pricing Model. Its common stock is currently selling for $31 per share. You expect the next dividend to be $1.40 per share. If the firm has a dividend growth rate of %5 that is expected to remain constant indefinitely, what is the firm's cost of equity? O 15.1% O 13.8% O 14.2% O 11.3% O 9.5%

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