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WWE's current EPS is $5. It was $3.736 five years ago. The company pays out 40% of its earnings as dividends, and the stock sells for $36. What is WWE's cost of equity, rs?

Select one:

a. 7.73%

b. 11.89%

c. 12.77%

d. 9.45%

e. 13.21%

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