The stock is currently trading

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The most recent dividend for Terminus Corp. was $2.39. The dividend is expected to grow by 6% per year indefinitely. The stock is currently trading for $34 per share. The estimated cost of equity, Re, is %. Do not round intermediate work, but round your 'final' answer to 2 decimal places (example: if your answer is 12.34567%, you should enter 12.35). 

Reference no: EM131317049

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