What is the cost of equity

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Question: Matrix Pool Company just paid its annual dividend of $0.95 a share. The stock has a beta of 1.3. The return on the U.S. Treasury bill is 2.5 percent and the market risk premium is 6.9 percent. What is the cost of equity? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131996253

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