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Your firm is planning to invest in a dairy company. MilkFest is an all-equity firm that specializes in this business. Suppose MilkFest's equity beta is

Your firm is planning to invest in a dairy company. MilkFest is an all-equity firm that specializes in this business. Suppose MilkFest's equity beta is 0.85, the riskfree rate is 4%, and the market ri...

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