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West Corporation is expected to pay an annualdividend of $1.50 per share one year from now with futureincreases of 7.5 percent annually. The stock currently

West Corporation is expected to pay an annualdividend of $1.50 per share one year from now with futureincreases of 7.5 percent annually. The stock currently sells for$53.25 per share. What is the cost of equity?

10.32%

12.38%

10.53%

13.02%

12.81%

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