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TJ Co stock has a beta of 1.56, the current risk-free rate is 5.86 percent, and the expected return on the market is 14.11 percent.
TJ Co stock has a beta of 1.56, the current risk-free rate is 5.86 percent, and the expected return on the market is 14.11 percent. What is TJ Co's cost of equity?
31.15%
27.87%
18.73%
21.53%
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Multinational Finance
Authors: Kirt C. Butler
3rd Edition
0324177453, 978-0324177459
