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2 points Your firm anticipates paying its next annual dividend (D1) of $275, and you expect future dividends will grow at a constant rate of

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2 points Your firm anticipates paying its next annual dividend (D1) of $275, and you expect future dividends will grow at a constant rate of 3% per year indenitely if the current stock price is $49.77. What is a market-based estimate of your firm's cost of equity? Enter your answer as a decimal and show 4 decimal places. For example, if your anwer is 10.5% enter 1050, Tour your answer Previous Next

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