
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Hoolahan Corporation's common stock has a beta of 1.24. Assume the risk-free rate is 4.9 percent
and the expected return on the market is 12.4 percent.
What is the company's cost of equity capital?
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