8 Stock in Eduardo Industries has a beta of 1.11. The market risk premium is 7.1 percent, and T-bills are currently yielding 4.1 percent. The most recent dividend was $3.50 per share, and dividends are expected to grow at an annual rate of 5.1 percent, indefinitely. The stock sells for $57 per share. points Skipped eBook References Using the CAPM, what is your estimate of the company's cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Cost of equity Using the dividend discount model, what is your estimate of the company's cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Cost of equity % Cost of equity % What is your best estimate of the company's cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. %

Stock in Eduardo industries has a beta of 111 . The market risk premium is 7.1 percent, and T-bilts are currently yieiding 4.1 percent. The most recent diwidend was $350 per shase, and dividends are expected to grow ot an annual rate of 51 percent, indefinctely. The stock sells tor $.57 per share Using the CAPM, what is your essimate of the company's cost of equity? Note: Do not round intermediate colculotions and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16 . Using the dividend diccount model, what is yout estimate of the company's cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9. 32.16 . What is your best estumate of the company's cost of equity? Note: Do not round intermediate calculotions and enter your answer as a percent rounded to 2 decimai places, e.g, 32.16 . Stock in Eduardo industries has a beta of 111 . The merket nsk premium is 71 percent, and T-bills are currently yeiding 41 percent. The most recent dividend was $350 per share, and dividends are expected to grow at an annual rate of 51 percent, indefinitely. The stock seils for $57 per share. Using the CAPM, what is your estimate of the comparry's cost of equity? Note: Do not round intermediate calculations end enter your answer as a percent rounded to 2 decimal ploces, e.9. 32.16 . Uhing the dividend dincount model, whit s your estimate of the companys cost of equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. What is your best estursale of the company s cost of equity' Note: Do not round intermediate calculations arnd enter your anwwer as a percent rounded to 2 decimat places, e.9., 32.16