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Company ABC common stock outstanding selling for $57 per share. In a situation where the risk-free rate of investment is 3% and the market risk
Company ABC common stock outstanding selling for $57 per share. In a situation where the risk-free rate of investment is 3% and the market risk is 7% and we look up and find the beta of the Company's common stock is 1.2, what would be the companys cost of equity? Provide labels and step-by-step computations.
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