Find bw-s cost of equity twice as risky as stock market
Company BW has 5000 share outstanding and price is $40 per share. People think this company is twice as risky as stock market. Current T-bill rate is 3% and expected stock market return this year is 9%. Determine BW's cost of equity?
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People think this company is twice as risky as stock market. Current T-bill rate is 3% and expected stock market return this year is 9%. Determine BW's cost of equity?
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