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You are trying to estimate the cost of equity for a privately owned cruise ship company called the Titanic Cruise Lines. You know that the

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You are trying to estimate the cost of equity for a privately owned cruise ship company called the Titanic Cruise Lines. You know that the company's cost of debt is 3% and its debt-to-enterprise value ratio is 20%. You have collected the following information on publicly traded cruise lines that are comparable. You also know that the risk-free rate is 1.9% and the market risk premium in 5%. What is the best estimate for the cost of equity of Titanic Cruise Lines ? Select one. (hint: Use the average unlevered cost of capital of the other cruise ship companies to calculate the cost of equity for Titanic Cruise Lines) You are trying to estimate the cost of equity for a privately owned cruise ship company called the Titanic Cruise Lines. You know that the company's cost of debt is 3% and its debt-to-enterprise value ratio is 20%. You have collected the following information on publicly traded cruise lines that are comparable. You also know that the risk-free rate is 1.9% and the market risk premium in 5%. What is the best estimate for the cost of equity of Titanic Cruise Lines ? Select one. (hint: Use the average unlevered cost of capital of the other cruise ship companies to calculate the cost of equity for Titanic Cruise Lines)

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