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Go to www . reuters.com and find the list of competitors in the industry. Find the beta for each of these competitors and then calculate

Go to www.reuters.com and find the list of competitors in the industry. Find the beta for each of these competitors and then calculate the industry average beta. Using the industry average beta, what is the cost of equity? Does it matter if you use the beta for SNA or the beta for the industry in this case?

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