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QUESTION 8 Use the following information to answer the question(s) below. Beta Volatility Eenie 0.45 20% Meenie 0.75 18% Miney 1.05 35% Moe 1.20 25%

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QUESTION 8 Use the following information to answer the question(s) below. Beta Volatility "Eenie" 0.45 20% "Meenie" 0.75 18% "Miney" 1.05 35% "Moe" 1.20 25% Assume that the risk-free rate of interest is 3% and you estimate the market's expected return to be 9%. The equity cost of capital for "Meenie" is closest to: 4.50%. 9.75%. O 9.30%. 0 7.50%

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