Wildhorse Industries common stock has a beta of 1.8. If the market risk-free rate is 4.6 percent and the expected return on the market is 8.6 percent, what is Wildhorse’s cost of common stock? (Round answer to 1 decimal places, e.g. 15.2%.) Cost of common stock enter the Cost of common stock in percentages rounded to 1 decimal place %

Wildhorse Industries common stock has a beta of 1.8. If the market risk-free rate is 4.6 percent and the expected return on the market is 8.6 percent, what is Wildhorse’s cost of common stock? (Round answer to 1 decimal places, e.g. 15.2%.) Cost of common stock enter the Cost of common stock in percentages rounded to 1 decimal place %

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 10P

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