Jailai cos stock has a beta of 07 the current risk-free


JaiLai Cos. stock has a beta of 0.7, the current risk-free rate is 5.7 percent, and the expected return on the market is 12 percent.

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

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Corporate Finance: Jailai cos stock has a beta of 07 the current risk-free
Reference No:- TGS02727188

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