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Your estimate of the market risk premium is 7%. The risk-free rate of return is 4% and General ...
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Your estimate of the market risk premium is 7%. The risk-free rate of return is 4% and General ...
Your estimate of the market risk premium is 7%. The risk-free rate of return is 4% and General Motors has a beta of 1.5. What is General Motors' cost of equity capital?
▸ 13.9%
▸ 14.8%
▸ 14.5%
▸ 13.5%
Textbook
Fundamentals of Corporate Finance
Edition:
2
^{nd}
Authors:
Berk, DeMarzo, Harford
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