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Question 26 1 pts The common stock of Anthony Steel has a beta of 1.9. The risk-free rate is 2.4 percent and the market risk

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Question 26 1 pts The common stock of Anthony Steel has a beta of 1.9. The risk-free rate is 2.4 percent and the market risk premium (rM -rRF) is 5.9 percent. Assume the firm will be able to use retained earnings to fund the equity portion of its capital budget. What is the company's cost of retained earnings, rs? O 13.81% 14.21% 14.01% O 13.61% 13.41%

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