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O'Brien Inc. has the following data: RRF = 3.85%; RPM = 5.60%; and beta = 1.23. What is the firm's cost of equity from retained
O'Brien Inc. has the following data: RRF = 3.85%; RPM = 5.60%; and beta = 1.23. What is the firm's cost of equity from retained earnings based on the CAPM?
a. 14.24%
b. 12.16%
c. 10.74%
d. 9.20%
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