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Business, 11.11.2019 21:31 kevin72937

Stock in daenerys industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are currently yielding 5 percent. the company’s most recent dividend was $1.40 per share, and dividends are expected to grow at an annual rate of 7 percent indefinitely.

if the stock sells for $35 per share, what is your best estimate of the company’s cost of equity? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

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