What is radon cost of equity
Question # 00767052
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Updated on: 06/24/2020 12:21 PM Due on: 06/30/2020
Radon Homes's current EPS is $10. It was $6.21 just 5 years ago. The company pays out 30% of its earnings as dividends, and the stock sells for $70. Calculate the historical annual growth rate in earnings and use that growth in your calculations to answer the following question.
What is Radon's cost of equity, rs?
- 14.71%
- 4.29%
- 10.50%
- 15.82%
- 6.10%
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