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Suppose risk-free rate on Treasury bonds is 2% and the current market return is 5% and the beta of a company's stock is estimated to
Suppose risk-free rate on Treasury bonds is 2% and the current market return is 5% and the beta of a company's stock is estimated to be 1.5, what is the company's cost of equity (retained earnings)?
7.5% | ||
7.3% | ||
6.8% | ||
6.5% | ||
6.9% |
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