Question: Problem 17 u have until 12:15 PM to complete this assignment. Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts

 Problem 17 u have until 12:15 PM to complete this assignment.

Problem 17 u have until 12:15 PM to complete this assignment. Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the firm's dividends to grow by 2% forever. Its stock price is $38.3 and its beta is 0.6. The risk-free rate is 2% and the expected return on the market portfolio is 8%. - Attempt 1/1 for 10 pts. Part 1 What is the best guess for the cost of equity? *+ decimals Save About Blog Contact Instructor Guide Privacy Policy Support Terms & Conditions o w P G (G MacBook

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