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The table below shows the information about stock beta and total volatility of four firms. Assume that the risk-free rate of interest is 396 and
The table below shows the information about stock beta and total volatility of four firms. Assume that the risk-free rate of interest is 396 and you estimate the market's expected return to be 9%. Which firm has the lowest cost of equity capital? A. Meenie B. Moe C. Eenie D. Miney
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