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Business, 11.12.2019 18:31 philyshahill

When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can generally get a good idea of the interest rate on new long-term debt, but we cannot be sure that the risk premium we add is appropriate. this problem leaves us unsure of the true value of rs.

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When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can general...

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