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Business, 25.11.2021 05:30 Jerrikasmith28

A firm has decided to use the capital asset pricing model (CAPM) to calculate the cost of its internal common stock equity for its WACC. If the firm has a beta of 1.39, the risk-free rate as measured by the rate on short-term U. S. Treasury bills is 3%, and the expected rate of return on the overall stock market is 12%. What would the firm's cost of common stock equity be

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