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Rossdale Company stock currently sells for $70.89 per share and has a bets of 113 . The market risk premium is 8.00 percent and the

Rossdale Company stock currently sells for $70.89 per share and has a bets of 113 . The market risk premium is 8.00 percent and the risk-free rate is 3.30 percent annually. The company just paid a dividend of $3.93 per stare, which \& has pledged to increase at an annual rate of 370 persent indefinely. What is your best estimate of the company's cost of equity? Mutiple Choice lom son sen

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