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An analyst wants to estimate the cost of equity capital for Panther Electronics. She has collected the following data: 2018 Data: Net Income $1,500,000.00 Shareholder

An analyst wants to estimate the cost of equity capital for Panther Electronics. She has collected the following data: 2018 Data: Net Income $1,500,000.00 Shareholder equity $6,000,000.00 Risk free rate in economy 2.61% Expected Return on S&P 500 Index 10.00% Beta for Panther Electronics 1.24

What is the cost of equity for Panther Electronics?

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