Question
A company just paid a dividend of $1.57 which is expected to increase at 3% p.a. The company's share price is $11.26 and it has
A company just paid a dividend of $1.57 which is expected to increase at 3% p.a. The company's share price is $11.26 and it has a beta of 0.76. What is the company's cost of equity capital (expressed as a percentage)?
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Public Finance
Authors: Richard W. Tresch
4th Edition
0128228644, 978-0128228647
