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Assume that you are a consultant to Thornton Inc., and you have been provided with the following data: RF = 3.9%; RPM - 5.8%; and

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Assume that you are a consultant to Thornton Inc., and you have been provided with the following data: RF = 3.9%; RPM - 5.8%; and b=0.6. What is the cost of equity from retained earnings based on the CAPM approach? 7.68% 67.38% 6.78% 7.98% 7.08%

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