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JaiLai Cos. stock has a beta of 0.8, the current risk-free rate is 6.6 percent, and the expected return on the market is 10 percent.
JaiLai Cos. stock has a beta of 0.8, the current risk-free rate is 6.6 percent, and the expected return on the market is 10 percent.
What is JaiLais cost of equity? KatyDid Clothes has a $120 million (face value) 30-year bond issue selling for 101 percent of par that carries a coupon rate of 9 percent, paid semiannually.
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