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A common stock has a beta of 0.97 and a standard deviation of 23 percent. The market rate of return is 15.1 percent and the

A common stock has a beta of 0.97 and a standard deviation of 23 percent. The market rate of return is 15.1 percent and the risk-free rate is 2.3 percent. What is the cost of equity for this firm? a) 18.32% b) 16.95% c) 14.72% d) none

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