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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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