Home / Questions / The market rate of return is 10.8 percent and the risk-free rate is 4.45 percent. Galaxy C

The market rate of return is 10.8 percent and the risk-free rate is 4.45 percent. Galaxy C

The market rate of return is 10.8 percent and the risk-free rate is 4.45 percent. Galaxy Co. has 17 percent more systematic risk than the overall market and has a dividend growth rate of 5.5 percent. The firm's stock is currently selling for $39 a share and has a dividend yield of 3.8 percent. What is the firm's cost of equity?

rev: 12_15_2015_QC_CS-36401

10.59 percent

11.27 percent

12.19 percent

9.45 percent

10.87 percent

Nov 30 2019 Read more Less More

Answer (UnSolved)

question Get solution

Recent Questions

Chat Now

Welcome to Live Chat

Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.

Please fill in the form