What is the companys cost of equity capital

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Halestorm 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. Required: What is the company’s cost of equity capital?

(Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)

Reference no: EM13923867

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