JaiLai Companys stock has a beta of 0 . 7 , the current risk - free rate

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Question:

JaiLai Companys stock has a beta of

0.7,

the current risk

-

free rate is

6.7

percent, and the expected return on the market is

13

percent.

What is JaiLai

s cost of equity?

Note: Round your answer to

2

decimal places.

Posted Date: May 18, 2024 11:10 PM

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JaiLai Companys stock has a beta of 0 . 7 , the current risk - free rate

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