You are evaluating the cost of common equity in Highland Inc. with the following data:...
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Accounting
You are evaluating the cost of common equity in Highland Inc. with the following data: the is 1.2, the current S&P500 return is 13%, the T-bill return is 4%, what is the cost of the firms retained earnings.
Group of answer choices
14.8%
19.6%
10.8%
13.5%
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