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Coolco common stock has a beta of 1.85. If the risk-free rate is 3% and the market risk premium is 8.5%, what is Coolcos cost

Coolco common stock has a beta of 1.85. If the risk-free rate is 3% and the market risk premium is 8.5%, what is Coolcos cost of equity?

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17.24%

17.96%

18.73

19.01%

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