Question
The Beta Corporations common stock has a beta of 1.21. If the risk-free rate is 3.5% and the expected return on the market is 11%,
The Beta Corporations common stock has a beta of 1.21. If the risk-free rate is 3.5% and the expected return on the market is 11%, what is Betas cost of equity capital?
Show your workings and round your final answers to 2 decimal places.
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Financial Management And Analysis (Frank J. Fabozzi Series)
Authors: Frank J. Fabozzi, Pamela P. Peterson
2nd Edition
0471234842, 9780471234845
