Multiple Choice
Zonk Corp. The following data pertains to Zonk Corp.,a manufacturer of ball bearings (dollar amounts in millions) : Assuming that riskless rate is 4.2% and the market premium is 6.2% calculate Zonk's cost of equity capital:
A) 10.4%
B) 7.69%
C) 11.89%
D) 2.0%
Correct Answer:

Verified
Correct Answer:
Verified
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