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The Neptune Company offers network communications systems to computer users. The company is planning a major investment expansion but is unsure of the cost of equity capital as it has no publicly-traded equity. Your assignment is to determine an appropriate equity cost. List and explain the steps you will need to take to complete this assignment.

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User Delroh
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1 Answer

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Answer:

Collect estimates of beta for firms in the same businessStep-by-step explanation:

answered
User Ionel Bratianu
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