FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Kalil, Inc. (a for-profit college), has the following data: average
stock return (market rate of return) is 7%; market risk premium is
5%. and b = 0. What is the firm's cost of equity (k) from retained
earnings based on the CAPM?
12
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Transcribed Image Text:Kalil, Inc. (a for-profit college), has the following data: average stock return (market rate of return) is 7%; market risk premium is 5%. and b = 0. What is the firm's cost of equity (k) from retained earnings based on the CAPM? 12
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