The common stock of duc has a beta of 165 the market rate
The common stock of DUC has a beta of 1.65. The market rate of return is 13.2% and the risk-free rate is 4.8%. What is the cost of equity for the firm?
a. 18.66%
b. 19.76%
c. 21.08%
d. 24.40%
e. 26.05%
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