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A stock has a beta of 0.8, the expected return on the market is 12%, and the risk-free rate is 3%. What is the cost
A stock has a beta of 0.8, the expected return on the market is 12%, and the risk-free rate is 3%. What is the cost of equity according to the CAPM?
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Money Banking And Financial Markets
Authors: Stephen G. Cecchetti
1st Edition
0072452692, 9780072452693
