The common stock of anthony steel has a beta of 120 the, Accounting Basics

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The common stock of anthony steel has a beta of 120 the

Cost of retained earnings

The common stock of Anthony Steel has a beta of 1.20. The risk-free rate is 5% and the market risk premium is 6%.Assume the firm will be able to use retained earnings to fund the equity portion of its capital budget. What is the company's cost of retained earnings, rs?

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Accounting Basics: The common stock of anthony steel has a beta of 120 the

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