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The cost of equity for Burgess Corporation is 9.4%. If the expected return on the market is 12% and the risk-free rate is 4%, then
The cost of equity for Burgess Corporation is 9.4%. If the expected return on the market is 12% and the risk-free rate is 4%, then the equity beta is ___.
A. | 0.52 |
B. | 0.68 |
C. | 0.82 |
D. | 1.23 |
E. | 1.67. |
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