Interest rate of 3.88%. 19.14 Beresford Corporation, a fast-growing company, has a market beta of 1.25. The expected market return is estimated to be 7.45 percent, and the long-term U.S. Treasury is at 2.75 percent. Calculate Beresford Corporation's cost of equity capital using the capital asset pricing model (CAPM). dr & and the data below to calculate the 24-month mar-

E9.14 Beresford Corporation, a fast-growing company, has a market beta of 1.25. The expected market return is estimated to be 7.45 perent, and the long-term U.S. Treasury is at 2.75 percent. Calculate Beresford Corporation's cost of equity capital using the capital asset pricing model (CAPM)