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Berta Industries stock has a beta of 1.25. The expected return on the market is 12 percent, and Treasury bills are yielding 5.5 percent. What

Berta Industries stock has a beta of 1.25. The expected return on the market is 12 percent, and Treasury bills are yielding 5.5 percent. What is the best estimate of cost of equity?

Group of answer choices

11.95%

13.63%

8.13%

5.5%

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