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Cullumber Industries, common stock has a beta of 1.4. If the current risk-free rate is 5.1 percent and the market risk premium is 5 percent,

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Cullumber Industries, common stock has a beta of 1.4. If the current risk-free rate is 5.1 percent and the market risk premium is 5 percent, what is Cullumber's cost of common stock? (Do not round intermediate calculations. Round answer to 1 decimal place, es. 15.2\%) Cost of common stock %

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