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Compute Ke (cost of equity), given beta of 0.87, long term government bond yield = 3.94% and expected market returns of 8.76%. Enter your answer

Compute Ke (cost of equity), given beta of 0.87, long term government bond yield = 3.94% and expected market returns of 8.76%.

Enter your answer as a percent with 2 decimal places but without the % symbol. For example, if you compute 25.00%, enter 25.00

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