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Two companies, A and B, are worth $5 million and $7 million, respectively. A and B have CAPM expected rates of returns of 16.7% and
Two companies, A and B, are worth $5 million and $7 million, respectively. A and B have CAPM expected rates of returns of 16.7% and 14.1%, respectively. If the two companies merge, what will the conglomerate's CAPM expected rates of return be?l
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