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 percent
B) 21.20 percent
C) 26.05 percent
D) 28.64 percent
Correct Answer:
Verified
Correct Answer:
Verified
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