Les argues that the 10 year note is a better risk free rate
Les argues that the 10 year note is a better risk free rate at 2%. He also argues that the stock market is too high and the expected return is really only 5%. Assume that he is correct. The company has a beta of 1.6. What is the cost of equity?
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les argues that the 10 year note is a better risk free rate at 2 he also argues that the stock market is too high and
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