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How to solve step by step 15- A certain firm just paid their annual dividend of $2.25 a share. The stock has a market price

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15- A certain firm just paid their annual dividend of $2.25 a share. The stock has a market price of $53 per share and a beta of 0.94. The return on the U.S. Treasury bills is 2.5 percent and the market has a 12 percent rate of return. What is the cost of equity? (11.43%)

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How to solve step by step 15- A certain firm just paid their annual dividend of $2.25 a share. The stock has a market price

How to solve step by step 15- A certain firm just paid their annual dividend of $2.25 a share. The stock has a market price of $53 per share and a beta of 0.94. The return on the U.S. Treasury bills is 2.5 percent and the market has a 12 percent rate of return. What is the cost of equity? (11.43%)

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How to solve step by step
15- A certain firm just paid their annual dividend of $2.25 a share. The stock has a market price of $53 per share and a beta of 0.94. The return on the U.S. Treasury bills is 2.5 percent and the market has a 12 percent rate of return. What is the cost of equity? (11.43%)