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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
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 11.42Step by Step Solution
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