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b Question 24 If the CAPM is used to estimate the cost of equity capital, the expected excess market return is equal to the: Obeta
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Question 24 If the CAPM is used to estimate the cost of equity capital, the expected excess market return is equal to the: Obeta times the market risk premium O market rate of return Obeta times the risk-free rate. return on the market minus the risk-free rate. return on the stock minus the risk-free rate Step by Step Solution
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