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2 3 4 5 6 7 8 Yields for Different Debt Instruments Fed Funds Rate L-yea Treasury Bill 10-yes Treasury Bill Yo-yex Treasury Bill LAA

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2 3 4 5 6 7 8 Yields for Different Debt Instruments Fed Funds Rate L-yea Treasury Bill 10-yes Treasury Bill Yo-yex Treasury Bill LAA 1 month Non-Financial Commercial Paper (annualized) Goorle Conseil Paper 02190 0.24% 2699 387 0.1994 0.15% 10 12 13 14 15 16 17 18 19 20 21 22 The CAPM Method for the Cost of Equity I have given you monthly returns for the stock market, Google, and the three month treasury (risk- free rate). I have also given you a variety of yields for different debt instruments. Assume that the equity risk premium is 5.5%. Use the information provided and the CAPM framework to find the cost of equity for Google. Create a scatter plot that shows the relationship between Google's excess return and the market excess Add a trendline and the equation for that line to the graph. Label your axes. Make sure the graph is readable for a supervisor 24 26 27 Question One Question two Question Three Type here to search E A S G . 2 3 4 5 6 7 8 Yields for Different Debt Instruments Fed Funds Rate L-yea Treasury Bill 10-yes Treasury Bill Yo-yex Treasury Bill LAA 1 month Non-Financial Commercial Paper (annualized) Goorle Conseil Paper 02190 0.24% 2699 387 0.1994 0.15% 10 12 13 14 15 16 17 18 19 20 21 22 The CAPM Method for the Cost of Equity I have given you monthly returns for the stock market, Google, and the three month treasury (risk- free rate). I have also given you a variety of yields for different debt instruments. Assume that the equity risk premium is 5.5%. Use the information provided and the CAPM framework to find the cost of equity for Google. Create a scatter plot that shows the relationship between Google's excess return and the market excess Add a trendline and the equation for that line to the graph. Label your axes. Make sure the graph is readable for a supervisor 24 26 27 Question One Question two Question Three Type here to search E A S G

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