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Question: JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.6 percent, and the expected return on the market is 14 percent. What is JaiLai's cost of equity? (Round your answer to 2 decimal places.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Microeconomics, Economics

  • Category:- Microeconomics
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