Hoolahan Corporation’s common stock has a beta of 1.15. Assume the risk-free rate is 5 percent and the expected return on the market is 12.5 percent. What is the company’s cost of equity capital?
(Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 10 points Cost of equity eBook Hint Print References
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