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The yield on a three-month T-bill is 3.12%, and the yield on a 10-year T-bond is 4.23%. the market risk premium is 5.75%. The Jefferson
The yield on a three-month T-bill is 3.12%, and the yield on a 10-year T-bond is 4.23%. the market risk premium is 5.75%. The Jefferson Company has a beta of 1.56. Using the Capital Asset Pricing Model (CAPM) approach, Jeffersons cost of equity is
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