Question: PLEASE ANSWER IN EXCEL FORM WITH THE CELL FORMULAS USED TO SOLVE YELLOW BOX. I NEED TO KNOW HOW THE YELLOW BOX IS CALCULATED. The
PLEASE ANSWER IN EXCEL FORM WITH THE CELL FORMULAS USED TO SOLVE YELLOW BOX. I NEED TO KNOW HOW THE YELLOW BOX IS CALCULATED.

The Absolute Zero Co. just issued a dividend of $3.40 per share on its common stock. The company is expected to maintain a constant 4.5 percent growth rate in its dividends indefinitely. If the stock sells for $53 a share, what is the company's cost of equity? Dividend per share $ Growth rate Stock price 3.40 4.50% 53 Complete the following analysis. Do not hard code values in your calculations. Cost of equity Sheet1 READY O 0 -- + 100% Attempt(s) 3/3 Hint Step: The cost of equity can be estimated using the DDM, which is the dividend next year divided by the current stock price, plus the capital gains yield
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