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PLEASE ANSWER ALL THREE The Down and Out Co. just issued a dividend of $0.86 per share on its common stock. The company is expected
PLEASE ANSWER ALL THREE
The Down and Out Co. just issued a dividend of $0.86 per share on its common stock. The company is expected to maintain a constant 0.03 growth rate in its dividends indefinitely. If the stock sells for $27.28 a share, what is the company's cost of equity? Enter the answer with 4 decimals (e.g. 0.1234) Question 2 1 pts The Up and Coming Corporation's common stock has a beta of 2.03. If the risk-free rate is 0.03 and the expected return on the market is 0.1, what is the company's cost of equity capital? Enter the answer with 4 decimals (e.g. 0.1234). Question 3 1 pts Holdup Bank has an issue of preferred stock with a $1.44 stated dividend that just sold for $46.01 per share. What is the bank's cost of preferred stock? Enter the answer with 4 decimals (e.g. 0.1234) Step by Step Solution
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