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Company A is all-equity-financed. The expected rate of return on the company's shares is 15%.What is the opportunity cost of capital for an average-risk Good
Company A is all-equity-financed. The expected rate of return on the company's shares is 15%.What is the opportunity cost of capital for an average-risk Good Life Co. investment?
a) Lower than 15%
b) Higher than 15%
c) 15%
d) Not enough information
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