Question: Final quickly please Suppose Benedict Wong Inc. just issued a dividend of $1.39 per share on its common stock. If the stock currently sells for

Final quickly please
Final quickly please Suppose Benedict Wong Inc. just issued a dividend of

Suppose Benedict Wong Inc. just issued a dividend of $1.39 per share on its common stock. If the stock currently sells for $70, what is your best estimate of the Ariel Inc.'s cost of equity capital? The company paid dividends of $1.05, $1.12. $1.29, and $1.39 per share in the last four years, averaging about 1% growth. 0 6.46% O 9.23% O 11.05% 09.11%

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