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If the current risk-free rate is 2.5%, the current return in the market is 12%, and your stocks beta measure is 1.5, what is the

If the current risk-free rate is 2.5%, the current return in the market is 12%, and your stocks beta measure is 1.5, what is the current cost of equity for this stock? (Round to the nearest hundredth of a percent (ex: 5.00%)

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