Estimate of slow steady cost of equity capital

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Slow 'n Steady, Inc., has a stock price of $ 29, will pay a dividend next year of $ 2.95 and has expected dividend growth of 1.5 % 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 %. ? (Round to one decimal place.)

Reference no: EM131933637

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