On-line broker Swab-Qtips has a beta of 1.1, and its market return and risk-free rates are 15% and 5%, respectively. What is Swab's cost of equity?
A) 18%
B) 10%
C) 25%
D) 16%
E) 26%
D
Business
A) 18%
B) 10%
C) 25%
D) 16%
E) 26%
D