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Business, 12.04.2021 21:40 aallyssabrown0120

tock in CDB Industries has a beta of .91. The market risk premium is 7.1 percent, and T-bills are currently yielding 4.1 percent. The most recent dividend was $2.00 per share, and dividends are expected to grow at an annual rate of 5.1 percent indefinitely. If the stock sells for $42 per share, what is your best estimate of the company's cost of equity

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