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Your firm just paid a dividend of $1.50 per share. Further, the recent stock price is $31.82 per share, and you anticipate a growth rate

Your firm just paid a dividend of $1.50 per share. Further, the recent stock price is $31.82 per share, and you anticipate a growth rate in dividends of 4.00% per year for the foreseeable future. What is the firm's cost of common equity.

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