What is the shape of the following distribution? 
Definitions:
Cost Of Equity
The return that equity investors require on their investment in the firm.
Systematic Risk
The risk inherent to the entire market or market segment, also known as market risk, which cannot be eliminated through diversification.
Subjective Approach
An approach to making decisions or assessments that relies on individual preferences, emotions, or thoughts, instead of objective data or proof.
WACC
Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionately weighted, representing the average cost of funding from all sources.
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