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XY company common stock is currently priced at $19.06 a share. The company just paid $1.15 per share as its annual dividend. The dividends have

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XY company common stock is currently priced at $19.06 a share. The company just paid $1.15 per share as its annual dividend. The dividends have been increasing by 4 percent annually and are expected to continue doing the same. What is this firm's cost of equity

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