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What is the cost of common stock .equity for Tangshan Mining if the firm is expected to pay a dividend of $5.00 one year from

What is the cost of common stock .equity for Tangshan Mining if the firm is expected to pay a dividend of $5.00 one year from now, the stock price is $50.00, dividends are expected to grow at 8 % percent indefinitely Round your answer to the nearest whole figure and write the percent sign without spaces (e.g., "35%")

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