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Question 5 Cost of Retained Earnings [2 points]: Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You

Question 5 Cost of Retained Earnings [2 points]: Scanlon Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF = 4.10%; RPM = 5%; and s = 1.30. Based on the CAPM approach, what is the cost of equity from retained earnings? Show financial calculator

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