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Astock has a beta of 1.10 and just paid a dividend of $1.40. The expected return on the market is 97 percent and T-bills are

Astock has a beta of 1.10 and just paid a dividend of $1.40. The expected return on the market is 97 percent and T-bills are yielding 1.9%. If the stock is trading at $28.50, what is the cost of equity using CAPM? 10.48 1257% 1123

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