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5. CAPM. The common stock of Anthony Steel has a beta of 0.80. The risk-free rate is 5 percent and the market risk premium (IM
5. CAPM. The common stock of Anthony Steel has a beta of 0.80. The risk-free rate is 5 percent and the market risk premium (IM - IRF) is 6 percent. What is the company's cost of common stock, rs? (3 points)
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