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Calculate the cost of equity for the following firm Beta = 1.2 Risk free rate = 3.5% Return of the S&P500 = 7% Current stock

Calculate the cost of equity for the following firm

Beta = 1.2 Risk free rate = 3.5% Return of the S&P500 = 7% Current stock price = $34

A. 5.2% B. 7.7% C. 8.33%

D. 10.25%

E. 11.41%

by using a financial calculator

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