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QUESTION 15 If government bonds pay 8.5% interest and insured savings accounts pay 5.5% interest, stockholders in a moderately risky firm would expect return-on-equity values
QUESTION 15
"If government bonds pay 8.5% interest and insured savings accounts pay 5.5% interest, stockholders in a moderately risky firm would expect return-on-equity values of " a.5.50%
b.6.50%
c.12.00%
d."above 8.5%, but the exact amount is uncertain."
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