Question: Consider the following two projects: The payback period for project B is closest to: 1.8 years 1.5 years 2 years 1.6 years Jumbuck Exploration has

Consider the following two projects: The payback period for project B is closest to: 1.8 years 1.5 years 2 years 1.6 years Jumbuck Exploration has a current stock price of $2.35 and is ecpected to seli for $2.47 in one year's time, immedlately after It pays a dividend of $0.21. Which of the following is closest to Jumbuck Exploration's equity cost of capital? 8.42% 14.04% 7.02% 1755
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