Question: PLEASE DO IT BY EXCEL!!!! THANKS!!! Question 36 3 pts Fire Hydrant Pet Supply just paid its first annual dividend of $0.75 a share. The

PLEASE DO IT BY EXCEL!!!! THANKS!!!

PLEASE DO IT BY EXCEL!!!! THANKS!!! Question 36 3 pts Fire Hydrant

Question 36 3 pts Fire Hydrant Pet Supply just paid its first annual dividend of $0.75 a share. The firm plans to increase the dividend by 2.9 percent per year indefinitely. What is the firm's cost of equity if the current stock price is $16.90 per share? 5.34 percent 14.64 percent 9.78 percent 7.47 percent 4.33 percent

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