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Neeson Co.paid dividends in the last three years of $3.00,$3.15,and $3.31,respectively.The current stock price of Neeson is $30.00.Assuming the next dividend will grow at the same rate as the last three years,what is Neeson's cost of equity?
Bootstrap
A statistical method that involves resampling with replacement from a dataset to assess variability in a statistic.
Permutation
A permutation is an arrangement of all or part of a set of objects, with regard to the order of the arrangement.
Income
Financial gain accumulated over a period, such as wages from employment, profits from investments, or returns from assets.
Bootstrap Confidence Interval
A method for estimating the confidence interval of a parameter by resampling with replacement from an original dataset and calculating the interval from the bootstrap samples.
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