Southern home cookin just paid its annual dividend of 065 a


Southern Home Cookin' just paid its annual dividend of $0.65 a share. The stock has a market price of $13 and a beta of 1.12. The return on the U.S. Treasury bill is 2.5 percent and the market risk premium is 6.8 percent. What is the cost of equity?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Southern home cookin just paid its annual dividend of 065 a
Reference No:- TGS01387221

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)