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What would be the cost of retained earnings equity for Tangshan Mining if the expected return on U.S. Treasury Bills is 5.00%, the return on
What would be the cost of retained earnings equity for Tangshan Mining if the expected return on U.S. Treasury Bills is 5.00%, the return on a market portfolio is 15.00 percent, and the firm's beta is 1.5?
a) 11.5
b) 18.0
c) 20.0
d) 19.5
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