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The Hong Kong Corporation has a beta of 1.25 and a book value of $11,500,000 at the beginning of 2021. Using a risk free rate
The Hong Kong Corporation has a beta of 1.25 and a book value of $11,500,000 at the beginning of 2021. Using a risk free rate of return of 2.5% and a market rate of 12%, what is Hong Kong Corporations's Required income for 2021? A. $2,012,500 B. $1,653,125 C. $1,745,625 D. $1,365,625
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