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The Saguenay Tourism Company has a beta of .80, the risk-free rate is 4 percent, and the market risk premium is 6 percent. The required
The Saguenay Tourism Company has a beta of .80, the risk-free rate is 4 percent, and the market risk premium is 6 percent. The required return on the firm's equity is:
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| a) 4.0% |
|
| b) 5.6% |
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| c) 8.8% |
|
| d) 6.0% |
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Finance For Non Financial Managers
Authors: Pierre G. Bergeron
5th Edition
0176104070, 9780176104078
