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If the firms beta is 1.1, the risk-free rate is 8%, and the average return on the market is 9%, what will be the firms

If the firms beta is 1.1, the risk-free rate is 8%, and the average return on the market is 9%, what will be the firms cost of common equity using the CAPM approach? Answer as a percentage with 2 decimals (ex. 16.61).

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