Adams Inc.has the following data: rRF = 5.00%; RPM = 6.00%; and b = 1.05.What is the firm's cost of common from reinvested earnings based on the CAPM?
A) 11.30%
B) 11.64%
C) 11.99%
D) 12.35%
E) 12.72%
Correct Answer:
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