The equity cost of capital for "Miney" is closest to:
A) 6.30%
B) 7.50%
C) 9.30%
D) 9.75%
Answer: C) rMiney= 3% + 1.05(9% - 3%) = 9.3%
The equity cost of capital for "Miney" is closest to:
A) 6.30%
B) 7.50%
C) 9.30%
D) 9.75%
Answer: C) rMiney= 3% + 1.05(9% - 3%) = 9.3%