1. Radagast Inc. has 1 million common shares outstanding, with each share priced at $12. The company’s equity beta is 2. What is the expected return on the company’s shares if the risk-free rate is 5% and the market risk premium is 8%?
2. International growth rate last year umbrellas unlimited corporation had an ROA of 10.3% in a dividend payout ratio 49.7%. What is the internal growth rate?