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Business, 20.12.2019 19:31 224509

Urrently sells for $69.57 per share and has a beta of .91. the market risk premium is 7.40 percent and the risk-free rate is 2.97 percent annually. the company just paid a dividend of $3.69 per share, which it has pledged to increase at an annual rate of 3.40 percent indefinitely. what is your best estimate of the company's cost of equity?

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Urrently sells for $69.57 per share and has a beta of .91. the market risk premium is 7.40 percent a...
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