Question
CVS Health's beta from ValueLine is 0.9. The Treasury bond rate is 1% and the market risk premium is 8%. CVS expected dividend is $2.00
CVS Health's beta from ValueLine is 0.9. The Treasury bond rate is 1% and the market risk premium is 8%. CVS expected dividend is $2.00 per share with an expected constant growth rate of 6.5%, and CVS's recent stock price is $68 per share.
What is CVS Health's DCF cost of retained earnings estimate?
| A. | 9.4% | |
| B. | 9.6% | |
| C. | 8.2% | |
| D. | 7.3% |
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Digital Finance Big Data Start-ups And The Future Of Financial Services
Authors: Perry Beaumont
1st Edition
0367146797, 978-0367146795
