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Hampton Corporation has a beta of 0 . 8 3 and a marginal tax rate of 2 1 % . The expected return on the

Hampton Corporation has a beta of 0.83 and a marginal tax rate of 21%. The expected return on the market is 20% and the risk-free interest rate is 1.74%. Estimate the firms cost of internal equity. (Answer in 4 decimal places)

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