Bohannon Corporation's common stock has a beta of 1.14. Assume the risk-free rate is 4.9...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Bohannon Corporation's common stock has a beta of 1.14. Assume the risk-free rate is 4.9 percentage and the expected return on the market is 12.4 percent. What is the company's cost of equity capital? (Do not include the percentage sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Cost of equity %
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
