Calculate the company cost of equity

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Reference no: EM131059898

Fred's lawn and garden's last dividend per share was $2.78. the stock sells for $16 per share, and the expected growth rate for the company is 7%. Calculate the company's cost of equity.

What is the company's cost of equity?

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Reference no: EM131059898

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Calculate the company cost of equity : Fred's lawn and garden's last dividend per share was $2.78. the stock sells for $16 per share, and the expected growth rate for the company is 7%. Calculate the company's cost of equity.

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