Question
Diddy Corp. stock has a beta of 1.1, the current risk-free rate is 4 percent, and the expected return on the market is 13.00 percent.
| Diddy Corp. stock has a beta of 1.1, the current risk-free rate is 4 percent, and the expected return on the market is 13.00 percent. |
| What is Diddys cost of equity? (Round your answer to 2 decimal places.) |
| Cost of equity |
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Audit Committee Essentials
Authors: Curtis C. Verschoor
1st Edition
0471699594, 978-0471699590
