Growth Company s current share price is 19 95 and it is

Last updated: 10/22/2023

Growth Company s current share price is 19 95 and it is expected to pay a 1 30 dividend per share next year After that the firm s dividends are expected to grow at a rate of 4 3 per year a What is an estimate of Growth Company s cost of equity The required return cost of capital of levered equity is Round to two decimal places