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Business, 27.11.2019 03:31 Toady7396

Butcher timber company hired your consulting firm to them estimate the cost of equity. the yield on the firm's bonds is 10.50%, and your firm's economists believe that the cost of equity can be estimated using a risk premium of 3.85% over a firm's own cost of debt. what is an estimate of the firm's cost of equity from retained earnings?

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