Question: You have until 9:00 PM to complete this assignment. Intro Runtan Inc. has just paid an annual dividend of $0.45 per share. Analysts expect the

 You have until 9:00 PM to complete this assignment. Intro Runtan

You have until 9:00 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 1.2. The risk-free rate is 2% and the expected return on the market portfolio is 8%. Part 1 Attempt 1/1 What is the best guess for the cost of equity

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