16. (rE with investments) A company is deciding whether to issue stock to raise money for an...

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16. (rE with investments) A company is deciding whether to issue stock to raise money for an investment project which has the same risk as the market and an expected return of 15%. If the risk- free rate is 5% and the expected return on the market is 12%, which of the following is correct?

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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