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he following data pertains to Zonk Corp., a manufacturer of ball bearings (dollar amounts in millions): Assuming that riskless rate is 4.6% and the market

he following data pertains to Zonk Corp., a manufacturer of ball bearings (dollar amounts in millions): Assuming that riskless rate is 4.6% and the market premium is 7.3%, calculate Zonk's cost of equity capital: a. 6.8% b. 8.98% C. 10.5% d. 11.9%

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