Question
Ben's Ice Cream just paid their annual dividend of R0, 75 a share. The share has a market price of R32 and a beta of
Ben's Ice Cream just paid their annual dividend of R0, 75 a share. The share has a market price of R32 and a beta of 0, 90. The return on Treasury bills is 4 per cent and the market has a 12 per cent rate of return. What is the cost of equity?
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Analysis for Financial Management
Authors: Robert c. Higgins
8th edition
73041807, 73041803, 978-0073041803
