Street corporations common stock has a beta of 127 the


Street Corporation's common stock has a beta of 1.27. The risk-free rate is 3.2 percent and the expected return on the market is 12.68 percent. What is the firm's cost of equity?

A. 11.49%

B. 12.84%

C. 15.24%

D. 17.67%

E. 19.30%

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Financial Management: Street corporations common stock has a beta of 127 the
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