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Unem just paid an annual dividend of $2.00 a share. The dividend growth rate is 3%, the tax rate is 30%, and the common stock

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Unem just paid an annual dividend of $2.00 a share. The dividend growth rate is 3%, the tax rate is 30%, and the common stock sells for $30.00. What is the cost of equity? a. 4.81% b. 6.87% c. 6.91% d. 9.87% e. Other: %

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