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This question relates to the computation of a firm's cost of equity. CHAPTER 3 EXERCISE 1 4 a . Assume the current selling price of

This question relates to the computation of a firm's cost of equity.
CHAPTER 3
EXERCISE 14
a. Assume the current selling price of a firm's stock is: $77. Using the Excel file Dividend Data, compute the firm's annualized cost of equity using the Gordon dividend model.
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