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M12-15. Estimating Cost of Equity Capital Assume that a company's market beta equals 0.6 , the risk-free rate is 5%, and the market return equals
M12-15. Estimating Cost of Equity Capital Assume that a company's market beta equals 0.6 , the risk-free rate is 5%, and the market return equals 13%. Compute the company's cost of equity capital. Round answer to one decimal place (ex: 0.0245=2.5% ) % Step by Step Solution
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International Financial Management
Authors: Jeff Madura
2nd Edition
0314430296, 978-0314430298
