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The stock is expected to pay a dividend of 300 per share at

Johnson's Robotics common stock is currently trading for $36 a share. The stock is expected to pay a dividend of $3.00 per share at the end of the year and the dividend is expected to grow at a constant rate of 5.0% per year. What is the cost of common equity?

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Finance Basics: The stock is expected to pay a dividend of 300 per share at

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