Question: References 2 The Absolute Zero Co just issued a dividend of $3.40 per share on its common stock. The company is expected to maintain a

References 2 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 5 6 2 Dividend por sharo S Growth rate Stock price 3 3.40 4,50% 53 9 10 11 12 Complete the following analysis. Do not hard code values in your calculations Cost of equity 14 15

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