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Question 9 2 pts A firm has equity worth $700,000 and assets worth $1,000,000. The firm's equity beta is 1. The firm's asset beta is

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Question 9 2 pts A firm has equity worth $700,000 and assets worth $1,000,000. The firm's equity beta is 1. The firm's asset beta is 0.7. What is the firm's expected return on debt? The risk free rate is 4% and the market risk premium is 9%. Assume there are no taxes. 4% 5% 3% 6%

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