Question
Hi, on this questions when I do my calculation I get - Ke = 0.254 / 25.4% vs 0.279 or 27.9%? Please clarify. Thanks ormula:
Hi, on this questions when I do my calculation I get - Ke = 0.254 / 25.4% vs 0.279 or 27.9%? Please clarify. Thanks ormula: Cost of Equity (Ke) = (Dividend per share * (1 + Growth rate)) / Market price per share Dividend per share = 0.90 (90 cents) Growth rate = 0.13 (13%) Market price per share = R4 Ke = (0.90 * (1 + 0.13)) / 4 Ke = 0.279 or 27.9%
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Financing Nonprofits Putting Theory Into Practice
Authors: Young, Dennis R.
1st Edition
0759109885,0759114129
