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