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Slow 'n Sleady, Ino, has a stock price of $34, wil pay a dividend next year of $3.05, and has expected dividend growth of 1.9%

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Slow 'n Sleady, Ino, has a stock price of \$34, wil pay a dividend next year of \$3.05, and has expected dividend growth of 1.9% per year. What is your estmate of Slow 'n Steady's cost of equily capital? The required rotum (cost of capital) of levered equity is 4. (Round to one decimal place)

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