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16. Suppose our company has a beta of 1.5. The market risk premium is expected to be 9%, and the current risk-free rate is 6%.

16. Suppose our company has a beta of 1.5. The market risk premium is expected to be 9%, and the current risk-free rate is 6%. What is cost of equity using CAPM? A. 11.7 percent B. 15.5 percent C. 17.8 percent D. 18.1 percent E. 19.5 percent

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