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10 points eBookItem 17Item 17 10 points Stock in Daenerys Industries has a beta of 1.01. The market risk premium is 10 percent, and T-bills are currently yielding 3 percent. The company's most recent dividend was $1.6 per share, and dividends are expected to grow at a 6 percent annual rate indefinitely. If the stock sells for $33 per share, what is your best estimate of the company's cost of equity? rev: 09_20_2012
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10 points eBookItem 17Item 17 10 points Stock in Daenerys Industries has a beta of 1.01. The market...
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