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Weller Music s beta is 1 . 3 and you average the return of S&P 5 0 0 for past 3 0 years, which is

Weller Musics beta is $1.3$ and you average the return of S&P $500$ for past $30$ years, which is $13 %,$ for your market return. Treasury is traded at $3 %$ currently. Estimated flotation cost for the company is $8 % .$ What is the external cost of equity?

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Question

Weller Music s beta is 1 . 3 and you average the return of S&P 5 0 0 for past 3 0 years, which is

Weller Musics beta is 1.3 and you average the return of S&P 500 for past 30 years, which is 13%, for your market return. Treasury is traded at 3% currently. Estimated flotation cost for the company is 8%. What is the external cost of equity?

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Weller Musics beta is $1.3$ and you average the return of S&P $500$ for past $30$ years, which is $13 %,$ for your market return. Treasury is traded at $3 %$ currently. Estimated flotation cost for the company is $8 % .$ What is the external cost of equity?