Respuesta :
11.30% is the firm's cost of equity from retained earnings based on the CAPM.
rRF 5.00%
RPM 6.00%
b 1.05
rs = rRF + b(RPM) 11.30%
In finance, equity is the ownership of assets that may be associated with liabilities or other liabilities. Equity is determined for accounting purposes by subtracting liabilities from the value of assets. For example, if you own a $24,000 car and he owes $10,000 on the loan you used to purchase the car, the $14,000 difference is your equity. Equity can be applied to a single asset such as a car or house, or to an entire company. Companies that need to start or expand their business may sell shares to raise cash that they do not have to repay on a set schedule.
When the equity associated with an asset exceeds its value, the difference is called a deficit, and the asset is informally called 'underwater' or 'upside down. In government finance or other non-profit organizations, shares are called "net worth" or "net worth."
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