What is your best estimate of hartfords cost of equity


Hartford Enterprises just paid an annual dividend of $1.56 per share. This dividend is expected to increase by 3% annually. Currently, the firm has a beta of 1.13 and a stock price of $28 a share. The risk-free rate is 3% and the market rate of return is 10.5%. What is your best estimate of Hartford's cost of equity?

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Finance Basics: What is your best estimate of hartfords cost of equity
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