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Blossom Industries common stock has a beta of 1.2. If the market risk-free rate is 3.5 percent and the expected return on the market is

Blossom Industries common stock has a beta of 1.2. If the market risk-free rate is 3.5 percent and the expected return on the market is 7.5 percent, what is Blossoms cost of common stock? (Round answer to 1 decimal places, e.g. 15.2%.)

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