The company's cost of equity is 12.34%.
Given Information
Beta of 1.13, market risk premium of 8.00%, risk-free rate is 3.30
Cost of equity = Risk free rate + (Beta*market risk premium)
Cost of equity = 3.3 + (1.13*8)
Cost of equity = 3.3 + 9.04
Cost of equity = 12.34%
In conclusion, the company's cost of equity is 12.34%.
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