Question
Suppose Crocodellas stock has a beta of 0.57. If the risk-free rate is 3% and the expected rate of return on the market is 8%,
Suppose Crocodellas stock has a beta of 0.57. If the risk-free rate is 3% and the expected rate of return on the market is 8%, what is Crocodellas cost of equity capital?
| 17.85% | ||
| 28.56% | ||
| 5.42% | ||
| 5.85% | ||
| 7.56% |
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
10th edition
978-1337902571, 1337902578, 978-1337911054, 1337911054, 978-0324272055
