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TeleNyckel Ltd has a beta of 1.4 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 9

TeleNyckel Ltd has a beta of 1.4 and is trying to calculate its cost of equity capital. If the risk-free rate of return is 9 percent and the market risk premium (market return minus risk-free rate) is 5 percent, then what is the company's cost of equity capital?

Select one: A. 10.60% B. 11.20% C. 15.14% D. 16.00%

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