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Business, 16.11.2020 05:00 hiene

a beta of 1.34, a dividend growth rate of 2.1% for the foreseeable future, a stock price of $15 per share, and an expected annual dividend of $0.45 per share next year. The market rate of return is 12.8% and the risk-free rate is 4.2%. What is the firm's average cost of equity

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