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Business, 10.05.2021 22:00 badpotterchris

Rossdale Co. stock currently sells for $73.53 per share and has a beta of 1.25. The market risk premium is 6.80 percent and the risk-free rate is 2.78 percent annually. The company just paid a dividend of $4.41 per share, which it has pledged to increase at an annual rate of 3.15 percent indefinitely. What is your best estimate of the company's cost of equity

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Rossdale Co. stock currently sells for $73.53 per share and has a beta of 1.25. The market risk prem...

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