=+4. Deutsche Telekom and Orange have a similar economic risk. The beta of Orange shares is 1.4,
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=+4. Deutsche Telekom and Orange have a similar economic risk.
The beta of Orange shares is 1.4, and it is 1.1 for Deutsche Telekom. If the no-risk cash rate is 3.5% and the risk premium is 6%, what are the shareholders’ required returns? If the net debt/shareholders’ equity ratio is 1.5 in value for Orange,
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Related Book For 
Corporate Finance Theory And Practice
ISBN: 9781119424482
5th Edition
Authors: Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi
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