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Suppose that a foreign project has a beta of 1.3, the risk-free return is 9.2% and the required return on the market is estimated at

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Suppose that a foreign project has a beta of 1.3, the risk-free return is 9.2% and the required return on the market is estimated at 14.4%. Then what is the cost of capital for the project? a. 15.96% b. 27.92% c. 39.88% d. 14.40% e. 6.76%

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