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Water Parks, Inc. is expected to pay a dividend of $2.10 one year from today. If the firm's growth in dividends is expected to be

Water Parks, Inc. is expected to pay a dividend of $2.10 one year from today. If the firm's growth in dividends is expected to be 3 percent forever, what is the cost of equity capital for Water Parks, Inc. if the price of its common shares is currently $17.50?

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