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BMIG Ltd Has a Current Share Price of $12 12.13% 12.13 \%

Question 35

Multiple Choice

BMIG Ltd has a current share price of $12.13.It is expected to pay $0.73 in dividends next period and it has a growth rate of 12%.What is the cost of equity capital for BMIG Ltd?


A) 12.13% 12.13 \%
B) 14.71% 14.71 \%
C) 16.08% 16.08 \%
D) 18.02% 18.02 \%

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