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Newtech Brands, Inc. has a beta coefficient of .75. Assuming a risk free rate of 4% and an overall market return of 10% (resulting in

Newtech Brands, Inc. has a beta coefficient of .75. Assuming a risk free rate of 4% and an overall market return of 10% (resulting in a market risk premium of 6%), Newtech Brands, Inc.'s cost of equity equals

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