Crypto Corp. is expected to pay a dividend of $1 per share at the end...
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Crypto Corp. is expected to pay a dividend of $1 per share at the end of the year 1(D1) and the dividends are expects to grow at a constant rate of 3% per year forever. If the current price of the stock is $29 per share, calculate the expected return or the cost of equity capital for the firm.
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