What is the cost of equity for this firm

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Question - Clancy's just paid its annual dividend of $1.48 per share. Analysts expect the stock price to increase by 2.1 percent annually and value the stock at $14.65 per share currently. What is the cost of equity for this firm?

A. 12.41 percent

B. 13.32 percent

C. 12.20 percent

D. 13.87 percent

E. 14.06 percent

Reference no: EM133028961

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