Question: How do you solve this problem? (What is the Cost of equity) Diddy Corp. stock has a beta of 1.1. the current risk-free rate is

 How do you solve this problem? (What is the Cost of

How do you solve this problem? (What is the Cost of equity)

equity) Diddy Corp. stock has a beta of 1.1. the current risk-free

Diddy Corp. stock has a beta of 1.1. the current risk-free rate is 5 percent, and the expected return on the market is 15.00 percent. What is Diddy's cost of equity? (Round your answer to 2 decimal places.)

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