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From the estimates, calculate the return on equity (after tax) if Rf = 5%, E(RM) = 13%, franking premium = 3%, beta = 1.5 and
From the estimates, calculate the return on equity (after tax) if Rf = 5%, E(RM) = 13%, franking premium = 3%, beta = 1.5 and the corporate tax rate is 30 per cent
a. 15.05%
b. 21.5%
c. 18.8%
d. 15%
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