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B24&Co stock has a beta of 1.69, the current risk-free rate is 3.19 percent, and the expected return on the market is 10.69 percent. What

B24&Co stock has a beta of 1.69, the current risk-free rate is 3.19 percent, and the expected return on the market is 10.69 percent. What is B24&Co's cost of equity?

21.26%

15.57%

15.87%

26.65%

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