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Air Taxi, Inc has common stock with a Beta of 1.11. If the risk free rate is 3.00% percent and the expected return on the
Air Taxi, Inc has common stock with a Beta of 1.11. If the risk free rate is 3.00% percent and the expected return on the market is 9.00% percent, what is Air Taxi's cost of equity capital?
Beta | 1.11 |
Risk-Free rate | 3.00% |
Market return | 9.00% |
- | 16.32% |
- | 9.66% |
- | -3.66% |
- | -10.32% |
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