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Slow n Steady, Inc., has a stock price of $28, will pay a dividend next year of $3.20, and has expected dividend growth of 0.9%

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Slow n Steady, Inc., has a stock price of $28, will pay a dividend next year of $3.20, and has expected dividend growth of 0.9% per year. What is your estimate of Siow 'n Steady's cost of equity capital? The required retum (cost of capital) of levered equity is %. (Round to one decimal place.) Next

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