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The expected rate of return on the market is 12%. The firm's stock beta is 1.6. The risk-free rate is 8%. Find the cost of
The expected rate of return on the market is 12%. The firm's stock beta is 1.6. The risk-free rate is 8%. Find the cost of equity.
A. | 25.2% | |
B. | 20.0% | |
C. | 12.8% | |
D. | 24.8% | |
E. | 14.4% |
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