Booher Book Stores has a beta of 0.. The yield on a 3-month T-bill is 5% and the yield on a 10-year T-bond is %. The market risk premium is 6.5%, and the return on an average stock in the market last year was 13%. What is the estimated cost of common equity using the CAPM? Round your answer to two decimal places.

 

______%

Answer rating: 100% (QA)

Estimated Cost of Equity using CAPM The estimated cost of common equity for Booher Book ... View the full answer