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Use the following information to answer the question(s) below. Rearden Metals has a current stock price of $30 share, is expected to pay a dividend
Use the following information to answer the question(s) below.
Rearden Metals has a current stock price of $30 share, is expected to pay a dividend of $1.20 in one year, and its expected price right after paying that dividend is $33.
Rearden's equity cost of capital is closest to:
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