Question 2 A firm is expected to pay a $2.05 dividend. The stock is currently selling for 43.50 and is expected to grow

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Question 2 A firm is expected to pay a $2.05 dividend. The stock is currently selling for 43.50 and is expected to grow

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Question 2 A firm is expected to pay a $2.05 dividend. Thestock is currently selling for 43.50 and is expected to grow at arate of 5%. What is the cost of retained earnings for this firm?Answer in percentage without the symbol
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