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TJ Co stock has a beta of 1.61, the current risk-free rate is 5.91 percent, and the expected return on the market is 14.16 percent.
TJ Co stock has a beta of 1.61, the current risk-free rate is 5.91 percent, and the expected return on the market is 14.16 percent. What is TJ Co's cost of equity?
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Personal Finance
Authors: Jeff Madura
6th Edition
0134082915, 9780134082912
