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Business, 10.07.2021 19:20 jennlee7178

A firm's stock is selling for $38.25. The dividend yield is 7.25%. A 4.50% growth rate is expected for the common stock for long time. The firm's tax rate is 35%. What is the firm's cost of retained earnings? 9.50%

12.50%

10.50%

13.25%

11.75%​

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