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Using the capital asset pricing model (CAPM), if a Treasury bond rate is 6%, the beta of the firm's stock is 0.8, and the expected

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Using the capital asset pricing model (CAPM), if a Treasury bond rate is 6%, the beta of the firm's stock is 0.8, and the expected rate of return for the market is 9%, then the cost of equity capital is. 9% B 8.4% 6.8% D 12%

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