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Big Dawg Incorporated is trying to estimate its cost of equity capital. The firm believes its beta is 1.00. The current risk free rate in

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Big Dawg Incorporated is trying to estimate its cost of equity capital. The firm believes its beta is 1.00. The current risk free rate in the economy is 1.52%, while the market portfolio risk premium is 6.00%. What is an estimate for the equity cost of capital? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924)) Enter Answer Here... Submit

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