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Assume that you are a consultant to Trucker LTD., and you have been provided with the following data: risk free rate = 3.5%; market risk

Assume that you are a consultant to Trucker LTD., and you have been provided with the following data: risk free rate = 3.5%; market risk premium = 6.0%; and beta = 0.8. What is the cost of equity from retained earnings based on the CAPM approach?

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