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A stock's beta is 0.7, the risk-free rate is currently 0.75%, and the stock market is expected to return 8.5% in the coming year. What

A stock's beta is 0.7, the risk-free rate is currently 0.75%, and the stock market is expected to return 8.5% in the coming year. What is the firm's cost of equity? a) 6.18% b) 23.45% c) 5.95% d) 11.58%

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