Question
Southern Home Cookin' just paid its annual dividend of $.75 a share. The stock has a market price of $31 and a beta of 0.9.
Southern Home Cookin' just paid its annual dividend of $.75 a share. The stock has a market price of $31 and a beta of 0.9. The return on the U.S. Treasury bill is 3 percent and the market risk premium is 11 percent. What is the cost of equity?
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
