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Business, 20.06.2020 02:57 AniyaT05

Stock in CDB Industries has a beta of .98. The market risk premium is 7.3 percent, and T-bills are currently yielding 4.3 percent. The most recent dividend was $2.70 per share, and dividends are expected to grow at an annual rate of 5.3 percent indefinitely. The stock sells for $49 per share. Using the dividend discount model, what is your estimate of the company's cost of equity

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Stock in CDB Industries has a beta of .98. The market risk premium is 7.3 percent, and T-bills are c...
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