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The Angelina Corporations common stock has a beta of 1.8. If the risk-free rate is 3.7 percent and the expected return on the market is
The Angelina Corporation’s common stock has a beta of 1.8. If the risk-free rate is 3.7 percent and the expected return on the market is 10 percent, what is the company’s cost of capital?
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
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