Question
Beau has a beta of 1.12, a cost of debt of 8.6 percent, and a debt to value ratio of .6. The current risk-free rate
Beau has a beta of 1.12, a cost of debt of 8.6 percent, and a debt to value ratio of .6. The current risk-free rate is 3.22 percent and the market rate of return is 14.47 percent. What is the company's cost of equity capital?
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
