Stock in CDB Industries has a beta of 1.11. The market risk premium is 7.1 percent, and

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Stock in CDB Industries has a beta of 1.11. The market risk premium is 7.1 percent, and T-bills are currently yielding 4.1 percent. CDBs most recent dividend was $3.50 per share, and dividends are expected to grow at a 5.1 percent annual rate indefinitely.If the stock sells for $57 per share, what is your best estimate of CDBs cost of equity?

Posted Date: Jun 25, 2024 11:54 PM

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Stock in CDB Industries has a beta of 1.11. The market risk premium is 7.1 percent, and

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