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Troysche Corp. is expected pay a dividend of $0.67 per share in the coming year. The dividend will grow at a constant rate of 8.00%.

Troysche Corp. is expected pay a dividend of $0.67 per share in the coming year. The dividend will grow at a constant rate of 8.00%. The company's common stock sells at a price of $42.50. What is the cost of common equity (R_E)?

	1.	9.96%
	2.	11.68%
	3.	9.58%
	4.	7.95%
	5.	11.30%

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