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Stock in Eduardo Industries has a beta of 115. The market risk premium is 72 percent, and T-bils are curtently yelding 3,9 percent The most
Stock in Eduardo Industries has a beta of 115. The market risk premium is 72 percent, and T-bils are curtently yelding 3,9 percent The most recent dividend was $273 per share, and dividends are expected to grow at an annual rate of 5 percent, indefinitely. If the stock sells for $51 per share, What is your best estimate of the company's cost of equity? Note: Do not round intermediate calculations and enter your answer as o percent raunded to 2 decimal places, e.9, 32.16
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