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The common stock of Pittsburgh Steel Products has a beta of 1.35 and a standard deviation of 12.05 percent. The market rate of return is
The common stock of Pittsburgh Steel Products has a beta of 1.35 and a standard deviation of 12.05 percent. The market rate of return is 11 percent and the risk-free rate is 3.5 percent. What is the cost of equity for Pittsburgh Steel Products?
10.3% | ||
9.08% | ||
8.3% | ||
13.63% | ||
12.44% |
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