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B24&Co stock has a beta of 1.62, the current risk-free rate is 3.12 percent, and the expected return on the market is 10.62 percent. What

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B24&Co stock has a beta of 1.62, the current risk-free rate is 3.12 percent, and the expected return on the market is 10.62 percent. What is B24&Co's cost of equity? Multiple Choice o 15.36% o 25.38% o 15.27% o 20.32%

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