Diddy corp stock has a beta of 13 the current risk-free


Diddy Corp. stock has a beta of 1.3, the current risk-free rate is 3 percent, and the expected return on the market is 12.50 percent.

What is Diddy’s cost of equity? (Round your answer to 2 decimal places.)

Cost of equity %

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Financial Management: Diddy corp stock has a beta of 13 the current risk-free
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