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O'Halloren Inc. has the following data: the risk-free rate is 2.5%, the return on the market portfolio is 9.2% and the firm's beta is 0.8.
O'Halloren Inc. has the following data: the risk-free rate is 2.5%, the return on the market portfolio is 9.2% and the firm's beta is 0.8. What is the firm's cost of equity from retained earnings based on the CAPM? Enter your answer as a decimal with 4 places of precision.
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