Expected return on the market-cost of equity

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B24&Co stock has a beta of 1.50, the current risk-free rate is 3.00 percent, and the expected return on the market is 10.50 percent. What is B24&Co's cost of equity?

Which of the following is correct?

a.) 15.00%

b.) 14.25%

c.) 23.25%

d.) 18.75%

Reference no: EM13941918

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