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Transit Design Inc. recently paid a $1.00 dividend, has a beta of 0.75, has determined that the market risk premium is 10% and the current

Transit Design Inc. recently paid a $1.00 dividend, has a beta of 0.75, has determined that the market risk premium is 10% and the current riskminus free rate is 4%. What is the firm's required return on equity? A. 8.50% B. 11.50% C. 14.00% D. 14.50%

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