Question
Suppose a firm has a market beta of 1.24 and the risk-free interest rate is 6.25. In addition, the excess return over the risk-free rate
Suppose a firm has a market beta of 1.24 and the risk-free interest rate is 6.25. In addition, the excess return over the risk-free rate is 6.3%. Calculate the firm's cost of equity capital using the CAPM model. Round your answer to one decimal place. Cost of equity capital:
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A History Of Auditing The Changing Audit Process In Britain From The Nineteenth Century To The Present Day
Authors: Derek Matthews
1st Edition
0415648343, 978-0415648349
