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Calculate the firms discount rate. The market risk premium is 6% and the risk free rate is 3%. The firms corporate income tax rate is

Calculate the firms discount rate. The market risk premium is 6% and the risk free rate is 3%. The firms corporate income tax rate is 30% and the debt-to-equity ratios is 40%. Its equity beta is 1.5. Selected Answer: Answers: A. 12.87% B. 9.49% C. 10.03% D. 9.23% E. 16.20%

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