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Use the following information to answer the question(s) below. Beta Volatility Eenie 0.45 20% Meenie 0.75 1896 Miney 1.05 35% Honey 1.10 30% Moe 1.20

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Use the following information to answer the question(s) below. Beta Volatility "Eenie" 0.45 20% "Meenie" 0.75 1896 "Miney" 1.05 35% "Honey" 1.10 30% "Moe" 1.20 2596 Assume that the risk-free rate of interest is 3% and you estimate the market's expected return to be 996. Which firm has the highest cost of equity capital? a. Miney O b. Moe OC Honey Od. Eenie Oe. Meenie

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