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Which of the following statements about cost-of-equity estimation is most correct ? All approaches always produce estimates that fall within a narrow range. The risk
Which of the following statements about cost-of-equity estimation is most correct?
All approaches always produce estimates that fall within a narrow range. |
The risk premium used in the debt-cost-plus-risk-premium approach is the same as the risk premium used in the CAPM approach. |
The debt-cost-plus-risk-premium approach can be used when the business does not have publicly traded equity. |
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