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You are trying to find the cost of equity for a WACC calculation. You know that the risk-free rate of return is 3.9%and the market

You are trying to find the cost of equity for a WACC calculation. You know that the risk-free rate of return is 3.9%and the market risk premium is 6.2%. What is the cost of equity if the company has a beta of 1.21? Question 8Answer a. 10.92% b. 11.40% c. 12.22% d. 12.47% e. 12.79%

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