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Consider the following data: r RF = 4.15%; RP M = 5.35%; and b = 1.10. Based on the CAPM approach, what is the cost
Consider the following data: r RF = 4.15%; RP M = 5.35%; and b = 1.10. Based on the CAPM approach, what is the cost of equity from retained earnings?
a. 7.25% b. 8.70% c. 9.23% d. 11.37% e. 10.04%
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Public Finance And Public Policy
Authors: Jonathan Gruber
2nd Edition
0716766310, 9780716766315
