Southern Home Cookin' just paid its annual dividend of $.70 a share. The stock has...
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Southern Home Cookin' just paid its annual dividend of $.70 a share. The stock has a market price of $32 and a beta of 1.1. 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? Multiple Choice 18.92 percent 13.24 percent 17.20 percent 14.67 percent 20.80 percent
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