Question: Radon Homes' current EPS is $ 7 . 1 0 . It was $ 4 . 3 1 5 years ago. The company pays out
Radon Homes' current EPS is $ It was $ years ago. The company pays out of its earnings as dividends, and the stock sells for $
Calculate the historical growth rate in earnings. Hint: This is a year growth period. Do not round intermediate calculations. Round your answer to two decimal places.
Calculate the next expected dividend per share, DHint: D$ $ Assume that the past growth rate will continue. Do not round intermediate calculations. Round your answer to the nearest cent.
$
What is Radon's cost of equity, rs Do not round intermediate calculations. Round your answer to two decimal places.
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