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For a common stock, Beta =1.5; Market risk premium =9%; Current risk-free rate = 6%. Analysts' estimates of growth =6% per year; Last dividend =$2;
For a common stock, Beta =1.5; Market risk premium =9%; Current risk-free rate = 6%. Analysts' estimates of growth =6% per year; Last dividend =$2; Currently stock price =$15.65 What is the cost of common equity? 20.9%28.5%19.5%24.8%
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Options Futures And Other Derivatives
Authors: John Hull
11th Global Edition
1292410655, 9781292410654
