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Business, 12.08.2020 06:01, milkshakegrande101
You have risen through the ranks of a coffee comany, from the lowly green-apron barista to the coveted black apron, and all the way to CFO. A quick internet check shows that your company's beta is 0.6. The risk-free rate is 4.1% and you believe the market risk premium to be 5.2%. What is your best estimate of investors' expected return on your company's stock (its cost of equity capital)?
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You have risen through the ranks of a coffee comany, from the lowly green-apron barista to the covet...
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