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clyde corporation has a beta of 2.0. the current t-bill rate is 3% and the stock markets histroical return has exceeded the risk-free rate by

clyde corporation has a beta of 2.0. the current t-bill rate is 3% and the stock markets histroical return has exceeded the risk-free rate by 8%. the cost of equity for clyde is

a. 18%

b. 19%

c. 20%

d. 21%

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