A retail store manager was told that his store has a beta of 1.5. Because of the pandemic, the current market risk premium turns to be 10% and the risk-free rate is 2%. However, the manager believes the economy will become better soon, so he decides to acquire another store right now. He expects the beta of new store will be 2.0. What will be the cost of equity for the new store? 22% 18% 14% 12% 10% Question 14 (1 point) Ross has purchased 400 shares of ABC stock on August 10. On August 11, he continued to purchase additional 100 shares and then on August 13 he acquired another 100 shares of ABC stock. ABC declared a dividend of $2.00 per share on July 20 to holders of record on Thursday, August 14. The payment will be mailed out to eligible shareholders on September 5. Ross should expect to receive a dividend of in total from ABC. $0 $1,000 $800 $1,200 $200