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Your company sells it's stock for $35/share. It also just issued a dividend of $2.00 per share on its common stock You expect to maintain
Your company sells it's stock for $35/share. It also just issued a dividend of $2.00 per share on its common stock You expect to maintain a constant 4.1% growth rate in its dividends indefinitely What is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 12.34.) Cost of equity 9.81%
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