Anle Corporation has a current stock price of $ 18.91 and is expected to pay a dividend of $ 1.10 in one year. Its expected stock price right after paying that dividend is $ 20.93.
A. What is​ Anle's equity cost of​ capital?
B. How much of​ Anle's equity cost of capital is expected to be satisfied by dividend yield and how much by capital​ gain?