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Calculate the cost of equity capital using CAPM if the risk-free rate of interest is 4 per cent, the return on the market portfolio is
Calculate the cost of equity capital using CAPM if the risk-free rate of interest is 4 per cent, the return on the market portfolio is 9 per cent, the beta of the firm's assets is .8 and the and beta of equityis 1.2. Provide your answer as a percentage to two decimal places (15.32% should be entered as 15.32). Do not enter the % sign.
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