Question: ROUND ANSWER TO 2 DECIMAL PLACES Don't Ever Go Against the Family Incorporated is an all equity firm. The firm is privately owned, but a

ROUND ANSWER TO 2 DECIMAL PLACES Don't Ever Go Against the FamilyROUND ANSWER TO 2 DECIMAL PLACES

Don't Ever Go Against the Family Incorporated is an all equity firm. The firm is privately owned, but a comparable all-equity, public firm has a beta of 2.04. The current risk free rate is 3.75%, while the historical market portfolio risk premium is 6.00%. What is a good estimate for the firm's cost of equity

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