Estimate the cost of equity for Aqua America. Aqua's stock (WTR) was selling for €33.62 per share at the end of 2017 Sep

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answerhappygod
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Estimate the cost of equity for Aqua America. Aqua's stock (WTR) was selling for €33.62 per share at the end of 2017 Sep

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Estimate the cost of equity for Aqua America. Aqua's stock (WTR)
was selling for €33.62 per share at the end of 2017 September.
Dividend payments for the next year were expected to be €1.18 a
share. Analysts in 2017 were forecasting an annual growth rate of
5% in the case of Aqua. Estimate the cost of capital,
(a) 8.5% (b) 3.5% (c) 10.1% (d) 6.6%
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