Cost of Equity JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.2

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Cost of Equity JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.2 percent, and the expected return on the market is 12 percent. What is JaiLai's cost of equity? (LG3)

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Finance Applications And Theory

ISBN: 9780073530673

2nd Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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