Business, 24.11.2020 19:00 luis83113

Rossdale Co. stock currently sells for $68.69 per share and has a beta of .87. The market risk premium is 7.30 percent and the risk-free rate is 2.89 percent annually. The company just paid a dividend of $3.53 per share, which it has pledged to increase at an annual rate of 3.20 percent indefinitely. What is your best estimate of the company's cost of equity?

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Rossdale Co. stock currently sells for $68.69 per share and has a beta of .87. The market risk premi...

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