What is your best estimate of the company cost of equity

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Reference no: EM132034102

Stock in Country Road industries has a beta of 0.83. The market premium is 8 percent, and t-bills are currently yielding 5.5 percent. The companys most recent dividend was 1.7 per share and divendends are expected to grow 5.5 percent annual rate indefinitely. if stocks sell for $32 per share, what is your best estimate of the companys cost of equity?

Reference no: EM132034102

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