Question: 3. Using the Dividend Growth Model, what is your cost of equity when the expected dividend payment is $3.25, your estimated growth rate is 4%,

3. Using the Dividend Growth Model, what is your cost of

3. Using the Dividend Growth Model, what is your cost of equity when the expected dividend payment is $3.25, your estimated growth rate is 4%, and the current stock price is $42? (5 pts)

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