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The cost of equity using the CAPM approach The yield on a three-month T-billis 2.74%, and the yield on a 10-year T-bond is 3.86% the

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The cost of equity using the CAPM approach The yield on a three-month T-billis 2.74%, and the yield on a 10-year T-bond is 3.86% the market risk premium is 6.63%. The Monroe Company has a beta of 0.78. Using the Capital Asset Pricing Model (CAPM) approach, Monroe's cost of equity is

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