Booher book stores has a beta of 10 the yield on a 3-month


Booher Book Stores has a beta of 1.0. The yield on a 3-month T-bill is 3% and the yield on a 10-year T-bond is 8%. The market risk premium is 5%. What is the estimated cost of common equity using the CAPM? Round your answer to two decimal places.

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Finance Basics: Booher book stores has a beta of 10 the yield on a 3-month
Reference No:- TGS0596120

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