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he Lenzie Corporation's common stock has a beta of 1.60. If the risk-free rate is 6.1% and the expected return on the market is 11%,
he Lenzie Corporation's common stock has a beta of 1.60. If the risk-free rate is 6.1% and the expected return on the market is 11%, hat is the company's cost of equity capital? (Do not round intermediate calculations. Enter your answer as a percentage rounded 2 decimal places.) ost of equity capital %
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