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SoCal Electronics just paid it annual dividend of $0.80 a share. The stock has a market price of $15 and a beta 1.15. The return
SoCal Electronics just paid it annual dividend of $0.80 a share. The stock has a market price of $15 and a beta 1.15. The return on the U.S Treasury bill is 3.5 percent and the market risk premium is 6.5 percent. What is the cost of equity? Answer choices: 9.98, 10.04, 10.12, 10.37, or 10.98. please explain
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