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The market value of Fortescue's ordinary shares, preference shares, and debt are $6 billion, $2 billion and $15 billion, respectively. Fortescue has a beta of

The market value of Fortescue's ordinary shares, preference shares, and debt are $6 billion, $2 billion and $15 billion, respectively. Fortescue has a beta of 1.5, the market risk premium is 7%, and t...

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