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todd corporation has a beta of 1.0. The current t-bill rate is 4% and the stock markets historical return has exceeded the risk-free rate by

todd corporation has a beta of 1.0. The current t-bill rate is 4% and the stock markets historical return has exceeded the risk-free rate by 8%. The cost of equity is a. 10% b. 12% c. 14% d. none of the above

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