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13 - Floyd Industries equity has a beta of 1.6. The company just paid a dividend of E0.7, and the dividends are expected to grow

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13 - Floyd Industries equity has a beta of 1.6. The company just paid a dividend of E0.7, and the dividends are expected to grow at 5 percent. The expected return of the market is 12 percent, and Treasury bills are yielding 5.5 percent. The most recent share price for Floyd is 63. Calculate the cost of equity using the DCF method. a) 15.996 5.1296 6.1796 6.0096 903111

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