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Air Taxi, Inc has common stock with a Beta of 3.21. If the risk free rate is 2.50% percent and the expected return on the
Air Taxi, Inc has common stock with a Beta of 3.21. If the risk free rate is 2.50% percent and the expected return on the market is 12.00% percent, what is Air Taxi's cost of equity capital?
Beta | 3.21 |
Risk-Free rate | 2.50% |
Market return | 12.00% |
33.00% |
-28.00% |
49.05% |
-44.05% |
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