c. In addition to the change in part b, suppose investors risk aversion declines; this fact, combined
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c. In addition to the change in part
b, suppose investors’ risk aversion declines; this fact, combined with the decline in rRF, causes rM to fall to 11%. At what price would Schuler’s stock now sell?
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Related Book For 
Financial Management Theory And Practice
ISBN: 9781439078105
13th Edition
Authors: Eugene F. Brigham, Michael C. Ehrhardt
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