罗斯公司理财题库全集.docxVIP

Chapter 13 Risk, Cost of Capital, and Capital Budgeting Answer Key Multiple Choice Questions The weighted average of the firms costs of equity, preferred stock, and after tax debt is the: reward to risk ratio for the firm. expected capital gains yield for the stock. expected capital gains yield for the firm. portfolio beta for the firm. weighted average cost of capital (WACC). Difficulty level: Easy Topic: WACC Type: DEFINITIONS If the CAPM is used to estimate the cost of equity capital, the expected excess market return is equal to the: return on the stock minus the risk-free rate. differenc