list of competitors in the industry. Find the beta for each of these competitors, and then calculate the industry average beta. Using the industry average beta, what is the cost of equity? Does it matter if you use the beta for Tesla or the beta for the industry in this case?

Answer rating: 100% (QA)

Industry Beta The weighted average of betas of stocks or businesses in the same industry group It is a proxy for systematic risk beta that is similar ... View the full answer