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Ca A firm's stock is selling for $85. Based upon last year's annual dividend and...

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Ca A firm's stock is selling for $85. Based upon last year's annual dividend and the expected growth rate, the annual dividend to be paid in the coming year is $4.55. If the expected growth rate is 7%, what is the firm's cost of retained earnings? iddi Ga Cre Tra View Insp Select one: O A 8.16% OB. 12.00% OG 12.35% OD. 14.56%

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