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ABC Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: r

ABC Inc.'s CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: rRF (risk-free rate) = 4.10%; RPM (market risk premium) = 5.25%; and b (beta) = 1.65. Based on the CAPM approach, what is the cost of equity from retained earnings?

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