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XYZ common stock is currently priced at $38.80 a share. The company recently paid $1.20 per share as their annual dividend. The dividends have been

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XYZ common stock is currently priced at $38.80 a share. The company recently paid $1.20 per share as their annual dividend. The dividends have been increasing by 2.6 percent annually and are expected to continue doing so. What is the cost of equity for XYZ? @ 5.71% 5.6396 5.50% 577% 5.699

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