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You are trying to come up with an estimate for the stock price of the Clorox Company. As part of this analysis, you plan to
You are trying to come up with an estimate for the stock price of the Clorox Company. As part of this analysis, you plan to calculate Clorox's required return on equity using the CAPM formula. Which number below is the best choice to use as the risk-free rate in that equation? Clorox's debt yield to maturity The 3-month U.S. Treasury yield The 1-year U.S. Treasury yield The 5-year U.S. Treasury yield The 30-year U.S. Treasury yield The risk premium on the S&P 500 All of the above
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