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Problem 16-11 MM proposition 2 Spam Corporation is financedentirely by common stock and has a beta of 1.18. The firm isexpected to generate a level,

Problem 16-11 MM proposition 2 Spam Corporation is financedentirely by common stock and has a beta of 1.18. The firm isexpected to generate a level, perpetual stream of earnings anddividends. The s 2 answers

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