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Business, 26.06.2020 16:01 jessiejohnsonjr123

Rossdale Co. stock currently sells for $73.09 per share and has a beta of 1.23. The market risk premium is 7.00 percent and the risk-free rate is 2.86 percent annually. The company just paid a dividend of $4.33 per share, which it has pledged to increase at an annual rate of 3.35 percent indefinitely. What is your best estimate of the company's cost of equity

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Rossdale Co. stock currently sells for $73.09 per share and has a beta of 1.23. The market risk prem...
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