Southern home cookin just paid its annual dividend of 70 a


Southern Home Cookin' just paid its annual dividend of $.70 a share. The stock has a market price of $28 and a beta of 0.9. The return on the U.S. Treasury bill is 4 percent and the market risk premium is 12 percent. What is the cost of equity?

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Financial Management: Southern home cookin just paid its annual dividend of 70 a
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