A companys beta is 152 the tax rate is 33 and the maket


A company's beta is 1.52, the tax rate is 33%, and the maket risk premiun is 7.1% per year. The company's last dividend was $5.15 per shar, and the dividends are expected to grow at a constant rate forever at 3.7% per year. If the expected market return is 13.2% per year, what is the company's annual cost of retained earnings financing?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: A companys beta is 152 the tax rate is 33 and the maket
Reference No:- TGS02405119

Expected delivery within 24 Hours