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Vegeu - M ezto meducation commande concernal_wr253 do a Amor M Mewn The Coton Problem Set Stock in Jansen Industries has a beta of 13. The market risk premium is 6 percent and T bis are currently yielding 5 percent. The company's most recent dividend was $2.00 per share and dividends are expected to grow at an annual rate of 8 percent indefinitely if the stock ses for 535 per share, what is your best estimate of the company's cost of equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, eg 32.16) Cost of NA ))) 7 8 0