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Jailai Cos. stock has a beta of 1 . 7 , the current risk - free rate is 6 . 2 percent, and the expected

Jailai Cos. stock has a beta of 1.7, the current risk-free rate is 6.2 percent, and the expected return on the market is 11 percent What is Jailai's cost of equity?
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13.81 percent
1519 percent
13.41 percent
14.36 percent
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