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Jackson Electronic imports various electronic equipment from Spain to the United States. The company has no debt and a beta coefficient of 1.65, according to

Jackson Electronic imports various electronic equipment from Spain to the United States. The company has no debt and a beta coefficient of 1.65, according to the most recent Value Line report. What is Jackson's cost of capital (or required rate of return) assuming a risk-free rate of 5% and a market risk premium of 9.2%?

Use CAPM/SML approach

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