1.a. Austin Metal Company reported Current Assets of $209,000 and Current Liabilities of $110,000. Calculate working capital and explain the results 1.b. The Company DEN has a beta of 1.30. The risk-free rate of return is 1.90 percent and the market rate of return is 5.10 percent. What is the CAPM cost of equity? kindly explain in detail

Entrepreneurial Finance
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ISBN:9781337635653
Author:Leach
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Chapter14: Security Structures And Determining Enterprise Values
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1.a. Austin Metal Company reported Current Assets of $209,000 and Current Liabilities of $110,000. Calculate working capital and explain the results

1.b. The Company DEN has a beta of 1.30. The risk-free rate of return is 1.90 percent and the market rate of return is 5.10 percent. What is the CAPM cost of equity?

kindly explain in detail

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