Halestorm corporation's common stock has a beta of 1.23. assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. what is the company's cost of equity capital? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,

e. g., 32.16.) cost of equity

Question

Business

Braeden Bowers

27 January, 05:39

Halestorm corporation's common stock has a beta of 1.23. assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. what is the company's cost of equity capital? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places,

e. g., 32.16.) cost of equity

+3

Answers (1)

Know the Answer?

Calderon · Answer 1

Halestorm corporation's common stock has a beta of 1.23. assume the risk-free rate is 4.8 percent and the expected return on the market is 12.3 percent. what is the company's cost of equity capital?