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Jumbuck Exploration has a current stock price of $2.25 and is expected to sell for $2.36 in one year’s time, immediately after it pays a dividend of $0.20. Which of the following is closest to Jumbuck Exploration equity of cost of capital. a. 13.78% b. 6.89% c. 8.27% d. 17.23%

Financial Management, Finance

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