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Masteriza [31]
3 years ago
14

Stock in dragula industries has a beta of 1.1. the market risk premium is 7 percent, and t-bills are currently yielding 4.5 perc

ent. the company’s most recent dividend was $1.70 per share, and dividends are expected to grow at a 6 percent annual rate indefinitely. if the stock sells for $39 per share, what is your best estimate of the company’s cost of equity?
Business
1 answer:
antiseptic1488 [7]3 years ago
8 0
Idk i just need points Lol.
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