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Question 37 3 pts Currently, Bloom Flowers Inc. has a capital structure consisting of 20% debt and 80% equity. Bloom's debt currently has an 6%

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Question 37 3 pts Currently, Bloom Flowers Inc. has a capital structure consisting of 20% debt and 80% equity. Bloom's debt currently has an 6% yield to maturity. The risk- free rate (rRF) is 4.4%, and the market risk premium (rM-TRF) s 5.7%. Using the CAPM, Bloom estimates that its cost of equity is currently 14.8%. The company has a 40% tax rate. What is the current beta on Bloom's common stock

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