JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.5 percent, and the ex
JaiLai Cos. stock has a beta of 0.9, the current risk-free rate is 6.5 percent, and the expected return on the market is 11 percent.
What is JaiLai’s cost of equity? (Round your answer to 2 decimal places.)
Abhinav
04-Dec-2019