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A company has a debt to equity ratio of 0.6. The risk-free rate is 10%, the expected market risk premium is 8% and the beta

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A company has a debt to equity ratio of 0.6. The risk-free rate is 10%, the expected market risk premium is 8% and the beta of the company's common stock is 0.5. Assume the firm's debt is risk free. What is the cost of equity for the firm

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