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Mikkelson Corporation's stock had a required return of 4.85% last year, when the risk-free rate was 2% and the market risk premium was 4.75%. Then

Mikkelson Corporation's stock had a required return of 4.85% last year, when the risk-free rate was 2% and the market risk premium was 4.75%. Then an increase in investor risk aversion caused the mark...

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