Calculate the companys cost of equity what is the companys, Financial Management

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Calculate the companys cost of equity what is the companys

Fred's Lawn and Garden's last dividend per share was $2.32. The stock sells for $22 per share, and the expected growth rate for the company is 6%. Calculate the company's cost of equity. What is the company's cost of equity? (Round to two decimal places.)

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Financial Management: Calculate the companys cost of equity what is the companys

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