Estimate of slow? n steady cost of equity? capital

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Slow? 'n Steady,? Inc., has a stock price of $32?, will pay a dividend next year of $3.30?, and has expected dividend growth of 1.6% per year. What is your estimate of Slow? 'n Steady's cost of equity? capital?

The required return? (cost of? capital) of levered equity is nothing?%. ?(Round to one decimal? place.)

Reference no: EM132658597

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