The cost of equity for this firm

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An all-equity firm had a dividend expense of $45,000 last year. the market value of the firm is $800,000 and the dividens is expected to increase at 7% each year. What is the cost of equity for this firm?

Reference no: EM131068454

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The cost of equity for this firm : An all-equity firm had a dividend expense of $45,000 last year. the market value of the firm is $800,000 and the dividens is expected to increase at 7% each year. What is the cost of equity for this firm?
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