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Freds just paid its annual dividend of $.75/share. It has a market price of $16.80 and a beta of 1.14. The return on the US

Freds just paid its annual dividend of $.75/share. It has a market price of $16.80 and a beta of 1.14. The return on the US Treasury bill is 2.7% and the market risk premium is 7.1%. What is the cost of equity?

I need a little help with this. thank you

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