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A firm's stockhas a current beta of .65. The market risk premium is 8.80% and the risk-free rate of return is 2.20%. What is the

A firm's stockhas a current beta of .65. The market risk premium is 8.80% and the risk-free rate of return is 2.20%. What is the cost of equity?

6.49%

7.92%

6.60%

5.72%

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