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12JSuppese stde of CempenyABC has a beta of 1.2. The risk premium is 3%, and the riskfree rate is 6%. ABC's last dividend was $2
12JSuppese stde of CempenyABC has a beta of 1.2. The risk premium is 3%, and the riskfree rate is 6%. ABC's last dividend was $2 per share, and the dividend is expected to grow at 8% indenitely. The stock sells for $30. What is ABC's nest of equity capital
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