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Marbela Corporation's stock had a required return of 12.75% last year, when the risk-free rate was 6.4% and the market risk premium was 5.5%. Now suppose the market risk premium declines by 1.5%. The risk-free rate and Marbela's beta remain unchanged. What is the company's new required return? (Hint: First calculate the beta, and then find the required return.)
FUNCTIONS OF BUDGET THAT MUST BE PRESENT IN THE MUNICIPAL FINANCIAL MANAGEMENT AND INDICATE HOW THESE FUNCTIONS CAN INFLUENCE MUNICIPAL FINANCIAL MANAGEMENT
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what is cum interest
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