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Gremlin Industries will pay a dividend of 51.50 per share this yeac, It is expected...

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Finance

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Gremlin Industries will pay a dividend of 51.50 per share this yeac, It is expected that this dividend wil grow by 5% per year each year in the future. The current price of Gremlin's stock io $23. 10 per thare. What is Gremin's equity cost of cepital? A. 10.5% B. 15.5% c. 13.5% D. 11.5%

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