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P 13-9 (similar to) Question Help o Steady Company's stock has a beta of 0.24. If the risk-free rate is 6.2% and the market risk

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P 13-9 (similar to) Question Help o Steady Company's stock has a beta of 0.24. If the risk-free rate is 6.2% and the market risk premium is 7.2%, what is an estimate of Steady Company's cost of equity? Steady's cost of equity capital is % (Round to one decimal place.)

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