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A firm has a beta of 1.2. The market return equals 14 percent and the risk-free rate of return equals 6 percent. The estimated cost
A firm has a beta of 1.2. The market return equals 14 percent and the risk-free rate of return
equals 6 percent. The estimated cost of common stock equity is
4 Points
- 14 percent.
- 15.6 percent.
- 6 percent.
- 7.2 percent.
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