Jailai cos stock has a beta of 06 the current risk-free


JaiLai Cos. stock has a beta of 0.6, the current risk-free rate is 6.1 percent, and the expected return on the market is 14 percent.

What is JaiLai's cost of equity? (Round your answer to 2 decimal places.)

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Business Management: Jailai cos stock has a beta of 06 the current risk-free
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