The stock price listed for Visa is $254.61. The book value per share of Visa is $17.89. The market capitalization of Visa is $40.96 billion. The number of stock shares outstanding is 160.87 million. The most recent dividend payout is $0. The beta for Visa is 1.19. The yield on three-month Treasury bills is 0.36%. The expected market return is 6.36%. Can you use the dividend discount model in this case to estimate the cost of equity for Visa ? If so, what is the cost of equity for Visa ? If not, why? Can you use the CAPM model in this case to estimate the cost of equity for Visa? If so, what is the cost of equity for Visa ? If not, why?

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answerall of these;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.