Question
The common stock of ABC, Inc. has a beta of 0.68 and a standard deviation of 18.02%. The expected return on the market is 19.51%
The common stock of ABC, Inc. has a beta of 0.68 and a standard deviation of 18.02%. The expected return on the market is 19.51% and the risk-free rate is 3.87%. What is the cost of equity for this firm?
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Personal Finance
Authors: E. Thomas Garman, Raymond E. Forgue
13th edition
1337099759, 978-1337516440, 1337516449, 978-1337099752
