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Company A has an equity beta of 0.64, and the current risk-free rate is 3.00%. If the expected return of a market portfolio is 12.5%.

Company A has an equity beta of 0.64, and the current risk-free rate is 3.00%. If the expected return of a market portfolio is 12.5%. Based on the SML approach, what is the company A's cost of equity capital? 10.08% 11.00% 9.08% 15.50%

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