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Diddy Corp. stock has a beta of 1.3, the current risk-free rate is 6 percent, and the expected return on the market is 13.50 percent.

Diddy Corp. stock has a beta of 1.3, the current risk-free rate is 6 percent, and the expected return on the market is 13.50 percent.

What is Diddy's cost of equity?

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