The tip-top paving company has a beta of 1.11 a cost of debt of 11% and a

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The tip-top paving company has a beta of 1.11 a cost of debt of 11% and a debt to value ratio of .6. The current risk free rate is 9 % and the market rate of return is 16.18%. What is the company's cost of equity capital?

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Multinational Finance Evaluating Opportunities Costs and Risks of Operations

ISBN: 978-1118270127

5th edition

Authors: Kirt C. Butler

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Posted Date: Oct 08, 2018 12:23 AM

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The tip-top paving company has a beta of 1.11 a cost of debt of 11% and a

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Multinational Finance Evaluating Opportunities Costs and Risks of Operations

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