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The current stock price of PTT is $100 per share. The stock has a beta of 1.36 with a dividend growth rate of 5 percent.
The current stock price of PTT is $100 per share. The stock has a beta of 1.36 with a dividend growth rate of 5 percent.
The annual dividend next year is expected to be $5 per share. The return of market is 12 percent.
The treasury bill yield is 3 percent. What is the firm's cost of equity?
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