Question: Need to know answer without being able to plug into calculator or excel 1. Chelsea Fashions is expected to pay an annual dividend of $0.80

Need to know answer without being able to plug into calculator or excel
1. Chelsea Fashions is expected to pay an annual dividend of $0.80 a share next year. The market price of the stock is $22.40, and the growth rate is 5 percent. What is the firm's cost 5 of equity? 2. Southern Home Cookin' just paid its annual dividend of $0.65 a share. The stock has a market price of $13 and a beta of 1.12. The return on the U.S. Treasury bill is 2.5 percent and the market risk premium is 6.8 percent. What is the cost of equity
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