Yellmo Corp.'s common stock currently sells for $56 per share. The most recent dividend (Do)...
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Yellmo Corp.'s common stock currently sells for $56 per share. The most recent dividend (Do) was $2.31, and the expected growth rate in dividends per year is 6%. The cost of common equity, Re, is ___%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process. Yellmo Corp.'s common stock currently sells for $56 per share. The most recent dividend (Do) was $2.31, and the expected growth rate in dividends per year is 6%. The cost of common equity, Re, is ___%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process
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