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5 20 Comwell industries stock has a beta of 120. The company just paid a dividend of $1.98, and the dividends are expected to grow

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5 20 Comwell industries stock has a beta of 120. The company just paid a dividend of $1.98, and the dividends are expected to grow at 4% The expected return on the market is 12%, and Treasury bills are yielding 4.2%. The most recent stock price for the company is $72 6. Calculate the cost of equity using the dividend growth model method. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Dividend growth model method b. Calculate the cost of equity using the SML method. (Do not round intermediate calculations. Round the final answer to 3 decimal places) % SML method

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