Question
The Up and Coming Corporation's common stock has a beta of 1.2. If the risk-free rate is 3.5 percent and the expected return on the
The Up and Coming Corporation's common stock has a beta of 1.2. If the risk-free rate is 3.5 percent and the expected return on the market is 9 percent, what is the company's cost of equity capital?
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Project Finance In Construction
Authors: Tony Merna, Yang Chu, Faisal F. Al-Thani
1st Edition
1444334778, 978-1444334777
