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Problem:

Fifteen, Inc.'s common stock has a beta of 1.4. The risk-free rate is 5.3 percent and the expected return on the market is 9.2 percent.

Required:

Question: What is the company's cost of equity capital?

Note: Provide support for rationale.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91167163

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