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A company's common stock has a beta of 1.1. If the risk-free rate is 5.5 percent and the expected return on the market is 12

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A company's common stock has a beta of 1.1. If the risk-free rate is 5.5 percent and the expected return on the market is 12 percent, what is the company's cost of equity capital? (Do not round your intermediate calculations.) Multiple Choice 187% 13.28% 12.65%

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