Multiple Choice
JaiLai Cos. stock has a beta of 1.7, the current risk-free rate is 6.2%, and the expected return on the market is 11%. What is JaiLai's cost of equity?
A) 13.81%
B) 15.19%
C) 13.41%
D) 14.36%
Correct Answer:
Verified
Correct Answer:
Verified
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