Steeler incs cfo hired you as a consultant to help her, Financial Management

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Steeler incs cfo hired you as a consultant to help her

Steeler Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: risk-free rate (rRF) = 4.10%; market risk premium = 5.25%; and beta = 1.30. Based on the CAPM approach, what is the cost of equity from retained earnings? A. 9.67% B. 9.97% C. 10.60% D. 10.93% E. 10.28%

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Financial Management: Steeler incs cfo hired you as a consultant to help her

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