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TJ Co stock has a beta of 1.59, the current risk-free rate is 5.89 percent, and the expected return on the market is 14.14 percent.
| TJ Co stock has a beta of 1.59, the current risk-free rate is 5.89 percent, and the expected return on the market is 14.14 percent. What is TJ Co's cost of equity? |
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
13th Edition
1337395080, 9781337395083
