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Question 10 3 pts Crane Sporting Goods expects to have earnings per share of $6 in the coming year. Rather than reinvest these earnings &

Question 10 3 pts Crane Sporting Goods expects to have earnings per share of $6 in the coming year. Rather than reinvest these earnings & grow, firm plans to pay out all of its earnings as a dividend le., 100% is paid out as dividend). With these expectations of no growth in dividend, Crane's current share price is $60. What is Crane's equity cost of capital (? 13.00% 12.0096 11.00% 10.0096 MacBook Air $ # 3 % 5

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