THE WACC QUESTION 9 OUT OF 10 The equity risk premium for a project in a developed country is 4.5% and the country risk premium is 3%. The equity risk premium used in the CAPM estimation is 4.5%. If the appropriate beta is 1.2 and the risk-free rate of interest is 4%. The cost of equity is: KeRf+B (Rm-Rf+ Country Risk) Type your answer here SUBMIT