What is the cost of equity for a firm that has a beta of 1.2 if the risk-free rate of return is 2.9 percent and the expected market return is 11.4 percent?

A) 13.1 percent
B) 10.8 percent
C) 12.8 percent
D) 14.4 percent
E) 13.6 percent


A) 13.1 percent

Business

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