Multiple Choice
TJ Co stock has a beta of 1.45, the current risk-free rate is 5.75, and the expected return on the market is 14 percent. What is TJ Co's cost of equity?
A) 17.71%
B) 21.20%
C) 26.05%
D) 28.64%
Correct Answer:
Verified
Correct Answer:
Verified
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