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Assume the risk-free rate is 2% and the expected return on the market is 9%. If a company's stock has a beta of 0.75, what
Assume the risk-free rate is 2% and the expected return on the market is 9%. If a company's stock has a beta of 0.75, what is this company's cost of equity capital?
Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39.
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