What is def cost of equity capital

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DEF Ltd. has a beta of 1.15. If 3-month Treasury bills currently yield 7.9% and the market risk premium is estimated to be 8.3%, what is DEF's cost of equity capital?
____
A) 17.45%
B) 8.36%
C) 9.55%
D) Undetermined

Reference no: EM13286116

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