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VOVID Ltd has a risk free rate of return of 12% and an expected return on the market portfolio of 0.04. It also has a

VOVID Ltd has a risk free rate of return of 12% and an expected return on the market portfolio of 0.04. It also has a systematic risk of 0.8. Using the Capital Asset Pricing Model, estimate the after-tax cost of VOVID Ltd.s ordinary shares. Select one: a. 5.6% b. 0.152% c. 0.056% d. 10.4%

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