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Business, 03.10.2019 00:30 stefancvorovic1

Stock in dragula industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are currently yielding 4.5 percent. the company’s most recent dividend was $1.70 per share, and dividends are expected to grow at a 6 percent annual rate indefinitely. if the stock sells for $39 per share, what is your best estimate of the company’s cost of equity?

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Stock in dragula industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are...
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