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Finance
Please answer correctly and answer in full thank you 
BACK Problem 13. Whitewall Tire Co. just paid an annual dividend of $1.20 om its foreseeable uture and the current price of Whitewall's commen e.g. 15.25%) common shares. iF Whitewall s expected to increase ts annuali dividend by 4. 10 percent per year into the shares i $11.18, what is the cost of common stock for whitewalit (Round answver to 2 decimal places t of common stock Question Attempts: 0 of 2 used SAVE FOR LATE
Please answer correctly and answer in full thank you
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