Question
The beta of Delta Airlines (DAL) common stock is 1.21, the dividend paid is $3.50, and the stock price is $40.00. The expected market return
The beta of Delta Airlines (DAL) common stock is 1.21, the dividend paid is $3.50, and the stock price is $40.00. The expected market return is 12% and the risk-free rate is 6%. The cost of equity is closest to:
Group of answer choices
12.60%.
6.62%.
13.26%.
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Risk Management And Financial Institution
Authors: John C. Hull
2nd Edition
0136102956, 9780136102953
