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11-03-2024
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HoleFoods just paid a dividend of $4. 00. The market believes that the dividend will grow at a constant rate of 5% forever. HoleFoods' stock price is $46. 67. HoleFoods' cost of equity is _____%.
a) 6. 34%
b) 8. 57%
c) 7. 54%
d) 5. 91%

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