The Rhaegel Corporations common stock has a beta of 1.5. If the risk-free rate is 5.5 percent
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Question:
The Rhaegel Corporations common stock has a beta of 1.5. If the risk-free rate is 5.5 percent and the expected return on the market is 13 percent, what is the companys cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
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