You have estimated the beta of ajax ltd against the asx200


You have estimated the beta of Ajax Ltd against the ASX200 as being 1.2.  The average risk premium for the Australian market you estimate to be 6% and the risk free rate as represented by the current yield to maturity of an Australian government 10-year bond is 3.9%.

Estimate the cost of equity for Ajax Ltd, using CAPM.

(Show your answer as a percentage to one decimal place,)

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Financial Accounting: You have estimated the beta of ajax ltd against the asx200
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