Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 4
Posted: Fri Jul 01, 2022 7:51 am
Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 4% forever. Its stock price is $37.4 and its beta is 0.5. The risk-free rate is 2% and the expected return on the market portfolio is 8%. Part 1 What is the best guess for the cost of equity? 3+ decimals Submit Previous answers: 7.125; 7.125 BAttempt 3/10 for 1 pts.