紫同学2018-02-28 08:19:11

Additional information: Equity risk premium, Sweden 4.82 percent Risk-free rate of interest, Sweden 4.25 percent Industry debt-to-equity ratio 0.3 Market value of Kruspa’s debt €900 million Market value of Kruspa’s equity €2.4 billion Kruspa’s equity beta 1.3 Kruspa’s before-tax cost of debt 9.25 percent China credit A2 country risk premium 1.88 percent Corporate tax rate 37.5 percent Interest payments each year Level 13. Using the capital asset pricing model, Kruspa’s cost of equity capital for its typical project is closest to: A. 7.62 percent. B. 10.52 percent. C. 12.40 percent. 请老师帮我讲解一下，我找不到公式Ks=rf+beta(rm-rf)中的rm是哪个？谢谢！