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Question 7 1 pts BigBang Inc is raising $100MM in equity capital (representing 100% ownership of the firm). BigBank is telling potential investors that it
Question 7 1 pts BigBang Inc is raising $100MM in equity capital (representing 100% ownership of the firm). BigBank is telling potential investors that it plans to invest the $100MM in assets it expects to grow by 14.2% in 1.5 years. At this time (1.5 years from now), Bigstuff will exit all its investments pay its owners all the proceeds and close down. What is BigBang's cost of equity capital, re? Round your answer to three decimal places. Do not represent your answer as a percent. IE: write 0.072 not 7.2%
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