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FlavR Company stock has a beta of 2 . 1 6 , the current risk - free rate is 2 . 1 6 percent, and

FlavR Company stock has a beta of 2.16, the current risk-free rate is 2.16 percent, and the expected return on the market is 9.16 percent. What is FlavR
Company's cost of equity?
Multiple Choice
21.95%
13.48%
17.28%
11.32%
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