Cost of capital from the common equity

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Reference no: EM13196628

A new common stock issue that paid a $1.76 dividend last year. The firm's dividends are expected to continue to grow at 6.7% per year forever. The price of the firm's common stock is now $27.36.

The cost of capital from the common equity is%(round to two decimal places).

Reference no: EM13196628

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