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Apple common stock has a beta, b, of 1.1. The risk-free rate is 8%, and the market return is 15%.What is the risk premium on

Apple common stock has a beta, b, of 1.1. The risk-free rate is 8%, and the market return is 15%.What is the risk premium on Apple common stock? (Round to one decimal place).What is the required return that Apple common stock should provide? (Round to one decimal place).What is Apple's cost of common stock equity using the CAPM? (Round to one decimal place).

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