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Business, 18.12.2019 18:31 christyr2002

The oil derrick has an overall cost of equity of 13.6 percent and a beta of 1.28. the firm is financed solely with common stock. the risk-free rate of return is 3.4 percent. what is an appropriate cost of capital for a division within the firm that has an estimated beta of 1.18?

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The oil derrick has an overall cost of equity of 13.6 percent and a beta of 1.28. the firm is financ...
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