The cost of equity capital for non-dividend paying stocks can be determined by October 5, 2022 by 8i9x6 using the Capital Asset Pricing Model estimating ke for comparable dividend-paying stocks in their industry forecasting the liquidation proceeds from the sale of the company’s assets. using the CAPM and by estimating ke for comparable dividend-paying stocks in their industry See Answer using the CAPM and by estimating ke for comparable dividend-paying stocks in their industry