Question
The common shares of Best Buy (BBY) has a beta of 1.61 and a standard deviation of 27.4 percent. The market rate of return is
The common shares of Best Buy (BBY) has a beta of 1.61 and a standard deviation of 27.4 percent. The market rate of return is 13.2 percent and the risk-free rate is 4.8 percent. What is the cost of equity for Best Buy?
Group of answer choices 19.97 percent 21.08 percent 24.40 percent 18.32 percent
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Organizing Smart Buildings And CitiesPromoting Innovation And Participation
Authors: Elisabetta Magnaghi, Véronique Flambard, Daniela Mancini, Julie Jacques, Nicolas Gouvy
10th Edition
3030606066, 9783030606060
