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You open a small clothing store using your own funds to source equity capital. You are trying to estimate an appropriate cost of capital and

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You open a small clothing store using your own funds to source equity capital. You are trying to estimate an appropriate cost of capital and find the following information: 2.5% A. 1 year T-bond: B. Mortgage Rates: 5.096 9.5% C. S&P 500 E[ret): D. Retail Industry E[ret]: 13.096 Which is the best range estimate for you business's cost of capital? 3.0% -6.0% 10% - 13% 8.0% - 11.0% 13% -16%

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