A Fishing Co. is expected to pay a dividend of OMR 5 per share at...

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A Fishing Co. is expected to pay a dividend of OMR 5 per share at the end of year 1(Div1), and the dividends are expected to grow at a constant rate of 7 percent forever. If the current price of the stock is OMR 35 per share, calculate the expected return or the cost of equity capital for the firm

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