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A company's common stock has a beta of 1.10. If the risk-free rate is 3.0 percent and the expected return on the market is
A company's common stock has a beta of 1.10. If the risk-free rate is 3.0 percent and the expected return on the market is 10.0 percent, what is the company's cost of equity? Enter your answer as a decimal number (not as a percentage number) with 4 digits to the right of the decimal point in the box shown below. Your Answer: Answer
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Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
