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The common stock has a beta of 1.2. The risk-free rate is 5 percent and the expected return on the market (Rm) is 11 percent
The common stock has a beta of 1.2. The risk-free rate is 5 percent and the expected return on the market (Rm) is 11 percent (so the market risk premium is 6 percent). What is the company's cost of ...
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