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Peanut Buater 5 Jelly Corporation stock has o beta of o.8. The market risk premium is 102 percent and the risk-free rate is 31 percent

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Peanut Buater 5 Jelly Corporation stock has o beta of o.8. The market risk premium is 102 percent and the risk-free rate is 31 percent annually. What is the company's cost of equity? Convert to a percentage and round to one place past the decimal point. Numeric Response

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