Question: Assume rhat or r= 10%, ris 5%, and borrowing costs (i) are 1%. A leverage ratio of 0.00 is used. What is ghat? Group of
Assume rhat or r= 10%, ris 5%, and borrowing costs (i) are 1%. A leverage ratio of 0.00 is used. What is ghat?
Group of answer choices
2%
28%
14%
10%
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