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The cost of raising capital through retained earnings is ________ the cost of raising capital through issuing new common stock. The current risk-free rate of

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The cost of raising capital through retained earnings is ________ the cost of raising capital through issuing new common stock. The current risk-free rate of return (r_RF) is 4.67%, while the market risk premium is 6.63%. the Jefferson Company has a beta of 0.92. Using the Capital Asset Pricing Model (CAPM) approach, Jefferson's cost of equity is__________

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