Slow​ 'n Steady,​ Inc., has a stock price of $31​, will pay a dividend next year of $3.00​, and has expected dividend gr

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answerhappygod
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Slow​ 'n Steady,​ Inc., has a stock price of $31​, will pay a dividend next year of $3.00​, and has expected dividend gr

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Slow​ 'n Steady,​ Inc., has a stock price of $31​,
will pay a dividend next year of $3.00​, and has expected dividend
growth of 1.3% per year. What is your estimate of Slow​ 'n
Steady's cost of equity​ capital?
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