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P9.9 Capital Cost of common shares: (MPAC) The common shares of J & M Corporation has a beta… 1 answer below » P9.9 Capital Cost of common shares: (MPAC) The common shares of J & M Corporation has a beta coefficient, b, equal to 1.2 Risk-free rate is 6% and the market return is 11%. Sep 01 2015 10:51 AM