Question
A firm has the following data: Risk-free rate (kRF) = 4%; Market rate of return (kM) = 9%; and beta = 1.3 What is the
A firm has the following data: Risk-free rate (kRF) = 4%; Market rate of return (kM) = 9%; and beta = 1.3 What is the firm's cost of retained earnings (ks) based on the capital assets pricing model (CAPM)?
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
