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Level 3 Technologies has a beta of 1.58. Assuming a market risk premium of 8.55% and a current risk free rate of 2.36%, what would
Level 3 Technologies has a beta of 1.58. Assuming a market risk premium of 8.55% and a current risk free rate of 2.36%, what would be your estimate of Level 3's cost of equity?
Multiple Choice
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15.87%
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6.28%
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12.14%
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9.78%
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13.51%
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