What is the company cost of equity capital

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The Lenzie Corporation's common stock has a beta of 1.80. If the risk-free rate is 4.9 percent and the expected return on the market is 11 percent, what is the company's cost of equity capital? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Reference no: EM131757635

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What is the company cost of equity capital : The Lenzie Corporation's common stock has a beta of 1.80. If the risk-free rate is 4.9 percent and the expected return on the market is 11 percent
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