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10 points QUESTION 6 1. The Longlife Insurance Company has a beta of 0.6. The average stock currently returns 16% and short-term treasury bills are

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10 points QUESTION 6 1. The Longlife Insurance Company has a beta of 0.6. The average stock currently returns 16% and short-term treasury bills are offering 6%. Estimate Longlife's cost of retained earnings in percent. Round the answer to two decimal places. Enter numbers only: do not include the "%

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