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Jackson Holding has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 3% forever. Its stock price

Jackson Holding has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 3% forever. Its stock price is $35.5.

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Intro Jackson Holding has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 3% forever. Its stock price is $35.5. Part 1 IB Attempt 1/5 for 10 pts. What is the cost of equity from retained earnings? 4+ decimals Submit

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