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Stock in Daenerartys Industries has a beta of .95. The market risk premium is 7 percent, and the t-bills are currently yielding 3.6 percent. The
Stock in Daenerartys Industries has a beta of .95. The market risk premium is 7 percent, and the t-bills are currently yielding 3.6 percent. The company's most recent dividend was $2.05 per share, and dividends are expected to grow at an annual rate of 4.1 percentindefintely. ifthe stock sells for $39 per share, what is your best estimate of the company's cost of equity? (Must use excel financial functions)
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