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Dudek Manufacturing's Common Stock Is Currently Selling for $45/share

Question 66

Multiple Choice

Dudek Manufacturing's common stock is currently selling for $45/share. Their most recent dividend (annual) was $2.50, and is expected to grow at 5% per year indefinitely. What is Dudek's cost of retained earnings?


A) 10.56%
B) 10.83%
C) 12.14%
D) 13.00%
E) 17.14%

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