Multiple Choice
Use the following information to answer the question(s) below
Assume that the risk-free rate of interest is 3% and you estimate the market's expected return to be 9%.
-The equity cost of capital for "Meenie" is closest to:
A) 4.50%.
B) 7.50%.
C) 9.30%.
D) 9.75%.
Correct Answer:

Verified
Correct Answer:
Verified
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