The common stock of Anthony Steel has a beta of 1.8. The risk-free rate is 4.5 percent

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The common stock of Anthony Steel has a beta of 1.8. The risk-free rate is 4.5 percent and the market risk premium (rM - rRF) is 6.9 percent. Assume the firm will be able to use retained earnings to fund the equity portion of its capital budget. What is the company's cost of retained earnings, rs? 16.92% O 17.22% O 16.62% O 16.32% 16.02%

Posted Date: Jun 06, 2024 01:12 PM

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The common stock of Anthony Steel has a beta of 1.8. The risk-free rate is 4.5 percent

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