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Cost of common stock equity: J&M Corporation common stock has a beta, b, of 1.2. The risk-free rate is 6%, and the market return is
Cost of common stock equity:
J&M Corporation common stock has a beta, b, of 1.2. The risk-free rate is 6%, and the market return is 11%.
a. Determine the risk premium on J&M common stock.
b. Determine the required return that J&M common stock should provide.
c. Determine J&M
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