Question: Please show work or you will not get 5 stars! The common stock of Modern Interiors has a beta of 1.61 and a standard deviation

Please show work or you will not get 5 stars! The

Please show work or you will not get 5 stars!

The common stock of Modern Interiors has a beta of 1.61 and a standard deviation of 27.4 percent. The market rate of return is 13.2 percent and the risk-free rate is 4.8 percent. What is the cost of equity for this firm? 18.32 percent 19.97 percent 21.08 percent 24.40 percent 26.05 percent

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