The Angelina Corporations common stock has a beta of 1.08. If the risk-free rate is 3.7 percent

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The Angelina Corporation’s common stock has a beta of 1.08. If the risk-free rate is 3.7 percent and the expected return on the market is 10 percent, what is the company’s cost of equity?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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