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XYZ Corporation expects to pay a dividend of $2 per share next year. The company's dividend is expected to grow at a rate of 5%
XYZ Corporation expects to pay a dividend of $2 per share next year. The company's dividend is expected to grow at a rate of 5% per year. If the current market price of the stock is $40 per share, what is the cost of common equity using the dividend growth model?
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