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Health and Weaith Compony is financed entirely by common stock that is phiced to offer a 15 parcent expected return. If the company repurchases 25

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Health and Weaith Compony is financed entirely by common stock that is phiced to offer a 15 parcent expected return. If the company repurchases 25 percent of the common stock and substitutes an equal value of debt yielding 9 percent, what is the expected return on the common stock after refinancing? (lgnore taxes) Mukisile Choice Mo percent 200 percem 9.5 percent 170 percent

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