Jones Plastics' EPS was $4.77 in 2017 and 3.40 in 2012. Growth has been steady over these past 5 years, and is expected to remain so. Jones pays out 40% of its earnings as dividends. Given a stock price of $36.40, what is Jones cost of equity? Question 11 2 pts Assume that you are a consultant to Trucker LTD., and you have been provided with the following data: risk free rate =6.5%; market risk premium =5.6%; and beta =0.8. What is the cost of equity from retained earnings based on the CAPM approach? 10.89% 10.98% 9.82% 8.66% 7.50%