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COST OF EQUITY. A company's beta is 2.2, risk-free rate is 4 percent, and the market risk premium is 5 percent. Which of the following

COST OF EQUITY. A company's beta is 2.2, risk-free rate is 4 percent, and the market risk premium is 5 percent. Which of the following is the company's cost of retained earnings using the capital asset pricing model (CAPM) approach??

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