If the risk-free rate is 54 percent and the expected return, Financial Management

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If the risk-free rate is 54 percent and the expected return

The Dybvig Corporation’s common stock has a beta of 1.4. If the risk-free rate is 5.4 percent and the expected return on the market is 12 percent, what is Dybvig’s cost of equity capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Cost of equity capital %

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Financial Management: If the risk-free rate is 54 percent and the expected return

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