Jumbuck Exploration has a current stock price of $2.85 and is expected to sell for $2.99 in one​ year's time, immediatel

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answerhappygod
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Jumbuck Exploration has a current stock price of $2.85 and is expected to sell for $2.99 in one​ year's time, immediatel

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Jumbuck Exploration has a current stock price of $2.85 and isexpected to sell for $2.99 in one​ year's time, immediately afterit pays a dividend of $0.34. Which of the following is closest toJumbuck​ Exploration's equity cost of​ capital?
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