The up and coming corporation's common stock has a beta of 1.05. if the risk-free rate is 5.3 percent and the expected return on the market is 12 percent, up and coming's cost of equity is percent. (do not include the percent sign (%). round your answer to 2 decimal places. (e. g., 32.16))

Cost of equity is calculated as -

Cost of equity = Risk free return + Beta * (Market risk - Risk free return)

Given,

Risk free return = 5.3 %

Market risk = 12 %

Beta = 1.05

Cost of equity = 5.3 % + (1.05*(12-5.3%))

Cost of equity = 12.335 % or 12.24 %

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

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i believe the answer would have to be a dependable person