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Pastor Corporation has a beta of 1.0. The Current T-bill rate is 3% and the stock marketa historical return has exceeded the risk free rate
Pastor Corporation has a beta of 1.0. The Current T-bill rate is 3% and the stock marketa historical return has exceeded the risk free rate by 8%. The cost of equity for pastor is A. 10% B. 11% C. 12% D. None of the above
Pastor Corporation has a beta of 1.0. The Current T-bill rate is 3% and the stock marketa historical return has exceeded the risk free rate by 8%. The cost of equity for pastor is
A. 10%
B. 11%
C. 12%
D. None of the above
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