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b. 27. The cost of equity for a firm is 20%. If the real interest rate is 5%, the inflation premium is 3%, and
b. 27. The cost of equity for a firm is 20%. If the real interest rate is 5%, the inflation premium is 3%, and the market risk premium is 2%, what is the investment risk premium for the firm? a. 10% b. 12% c. 13% d. 15%
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