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Crown Enterprises has a beta of 0.90. Assume that the risk-free rate in 2022 is 3.0% and the expected return on the stock market is

Crown Enterprises has a beta of 0.90. Assume that the risk-free rate in 2022 is 3.0% and the expected return on the stock market is 7%. What is the company's cost of equity for 2022? *Need an Excel spreadsheet for calculation? --> MS Excel 3.22% O 4.53% O 5.23% O 6.60%

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