Question: 32.Martin Corporation's common stock is currently selling for $50 per share. The current dividend is $2.00 per share.If dividends are expected to grow at 6

32.Martin Corporation's common stock is currently selling for $50 per share. The current dividend is $2.00 per share.If dividends are expected to grow at 6 percent per year, then what is the firm's cost of common stock?

a.10.0%

b.10.2%

c.10.6%

d.10.8%

e.11.0%

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