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Rossdale Co stock currently sells for $68.25 per share and has a beta of 85. The market risk premium is 760 percent and the ris
Rossdale Co stock currently sells for $68.25 per share and has a beta of 85. The market risk premium is 760 percent and the ris 2.85 percent annually. The company just paid a dividend of $3. percent indefinitely What is your best estimate of the company's cost of equity? 45 per share, which it has pledged to increase at an annual rate of 3.10 Multiple Choice 926% 0 753% 860% 646%
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