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Multiple Choice Question Assume these market averages: dividend growth rate = 10 percent; average market dividend yield = 3 percent; average 1-year T-bill rate =
Multiple Choice Question Assume these market averages: dividend growth rate = 10 percent; average market dividend yield = 3 percent; average 1-year T-bill rate = 2 percent. What is the cost of equity capital for a firm with a beta of 2?
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