Business, 18.12.2019 04:31 ZacherySpeaks170
The future earnings, dividends, and common stock price of carpetto technologies inc. are expected to grow 7% per year. carpetto's common stock currently sells for $23.00 per share; its last dividend was $2.00; and it will pay a $2.14 dividend at the end of the current year. if the firm's beta is 1.3, the risk-free rate is 9.5%, and the average return on the market is 13%, what will be the firm's cost of common equity using the capm approach?
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