Question
The Up and Coming Corporation's common stock has a beta of 2.05. If the risk-free rate is 0.02 and the expected return on the market
The Up and Coming Corporation's common stock has a beta of 2.05. If the risk-free rate is 0.02 and the expected return on the market is 0.1, what is the company's cost of equity capital? Enter the answer with 4 decimals (e.g. 0.1234).
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Financial Management Theory And Practice
Authors: Prasanna Chandra
8th Edition
0071078401, 978-0071078405
