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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?
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?