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The Nixon Corporation's common stock has a beta of .95 . If the risk-free rate is 2.7 percent and the expected return on the market
The Nixon Corporation's common stock has a beta of .95 . If the risk-free rate is 2.7 percent and the expected return on the market is 10 percent, what is the company's cost of equity capital? Round to the nearest XX.XX\%. Hint: Use the CAPM formula
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Financial Management For Technology Start Ups
Authors: Alnoor Bhimani
2nd Edition
1398603082, 978-1398603080
