4) A stock that just paid a $2.30 dividend. Dividends have been growing at a 4% rate and the stock is currently selling

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4) A stock that just paid a $2.30 dividend. Dividends have been growing at a 4% rate and the stock is currently selling

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4)
A stock that just paid a $2.30 dividend. Dividends havebeen growing at a 4% rate and the stock is currently selling for$45.00. What is the cost of retained earnings of thisfirm
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