Consolidated Construction has a beta of 1.3. The risk-free rate of return is 3.2 percent...
70.2K
Verified Solution
Link Copied!
Question
Finance
Consolidated Construction has a beta of 1.3. The risk-free rate of return is 3.2 percent and the expected market return is 12.4 percent. What is Consolidated's cost of equity? (Rounded to two decimal place)
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!
