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What is Spring's cost of retained earnings using the CAPM approach, if Spring's beta is 1.4, the risk-free rate is 4%, and the market return

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What is "Spring's" cost of retained earnings using the CAPM approach, if Spring's beta is 1.4, the risk-free rate is 4%, and the market return is 11%. O a. 25% O b. 13.8% O c. Other O d. 15.5%

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