[Solved] JaiLai Cos. stock has a beta of 0.6, the

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Posted on Oct 06, 2024

JaiLai Cos. stock has a beta of 0.6, the current risk-free rate is 6.4 percent, and the expected return on the market is 12 percent.

What is JaiLais cost of equity? (Round your answer to 2 decimal places.)

Cost of equity

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