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9. (1pt) Corporation's common stock has a beta of 1.5. If the risk-free rate is 4% and the expected return on the market is 12%,

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9. (1pt) Corporation's common stock has a beta of 1.5. If the risk-free rate is 4% and the expected return on the market is 12%, what is the company's cost ofequity capital? 10. (1pt) Benjamin Manufacturing has a target debt-equity ratio of 0.6. Its cost ofequity is 1256 and its cost of debt is 7%. If the tax rate is 30%, what is the company's WACC

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