What is the companys cost of equity capital? do not include, Ask an Expert

Finance

Bohannon Corporation's common stock has a beta of 1.18. Assume the risk-free rate is 5.3 percent and the expected return on the market is 12.8 percent.

Required:

What is the company's cost of equity capital? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).)

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Category:- Basic Finance
Reference No.:- M947472

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