The Tubby Ball Corporations common stock has a beta of 1.15. If the risk-free rate is 5

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The Tubby Ball Corporation’s common stock has a beta of 1.15. If the risk-free rate is 5 percent and the expected return on the market is 12 percent, what is Tubby Ball’s cost of equity capital?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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