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the yoyo corp tries to determine the appropriate cost for retained earnings to be used in capital budgeting analysis. The firms beta is 1.75. The

the yoyo corp tries to determine the appropriate cost for retained earnings to be used in capital budgeting analysis. The firms beta is 1.75. The rate on a six month t-bill is 3.11% and the return on the s&P 500 index is 8.46%. what is the appropriate cost for retained earnings in determining the firm's cost of capital? round to 2 decimal places

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