Question
1. Ronald's Fast Food just paid their annual dividend of $1.05 a share. The stock has a market price of $26 and a beta of
1. Ronald's Fast Food just paid their annual dividend of $1.05 a share. The stock has a market price of $26 and a beta of 1.15. The return on the U.S. Treasury bill (risk-free rate of return) is 3 percent and the expected return on the market is 10 percent. What is the cost of equity?
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Capitalism And Commerce Conceptual Foundations Of Free Enterprise
Authors: Edward W. Younkins
1st Edition
0739103814, 0739152807, 9780739152805
