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I keep getting th wrong answer. help!! Stock in CDB Industres has expected to grow at an annual rate of 5.4 percent indefinitely a beta

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I keep getting th wrong answer. help!!

Stock in CDB Industres has expected to grow at an annual rate of 5.4 percent indefinitely a beta of 1 09. The market risk premium is 7.4 percent, and T bills are currently yielding 4.4 percent. CDB's most recent dividond was $3.30 per share, and dividends are it the stock sells for $55 per share, what is your best estimate of the company's cost of equity? (Do not round intermediate ealculations and ente decimal places, e.g. 32.16.J Cost of equity 11.42

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