Question
The current risk-free rate is 4%. Historical risk-free rate over the last 10 years is 5.5% and historical market return for the same period is
The current risk-free rate is 4%. Historical risk-free rate over the last 10 years is 5.5% and historical market return for the same period is 10%. If the beta of Efficient Packers is 0.8, estimate its cost of equity.
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Entrepreneurial Finance
Authors: Philip J. Adelman, Alan M. Marks
4th Edition
0132434792, 9780132434799
