Question: Please show excel formula 2 3 The Absolute Zero Co. just issued a dividend of $3.40 per share on its common stock. The company is

Please show excel formula
2 3 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? 4 in DN 5 6 7 Dividend per share $ Growth rate Stock price $ 3.40 4.50% 53 8 9 10 11 Complete the following analysis. Do not hard code values in your calculations. 12 13 Cost of equity 14 15 16 17
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