Solar Technologies Inc. has a beta of 1.45, the risk-free rate is 4.5%, and the market return is expected to be 11%. Calculate Solar Technologies' cost of equity capital. A) 13.93% B) 14.75% C) 15.82% D) 16.45%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
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Chapter12: The Cost Of Capital
Section: Chapter Questions
Problem 7P
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Solar Technologies Inc. has a beta of 1.45, the risk-free
rate is 4.5%, and the market return is expected to be 11%.
Calculate Solar Technologies' cost of equity capital.
A) 13.93%
B) 14.75%
C) 15.82%
D) 16.45%
Transcribed Image Text:Solar Technologies Inc. has a beta of 1.45, the risk-free rate is 4.5%, and the market return is expected to be 11%. Calculate Solar Technologies' cost of equity capital. A) 13.93% B) 14.75% C) 15.82% D) 16.45%
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