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Pollo Inc.'s 8.21% bonds have a YTM of 12.66%. The estimated risk premium between the company's bonds and stocks is 4%. Pollo's cost of common

Pollo Inc.'s 8.21% bonds have a YTM of 12.66%. The estimated risk premium between the company's bonds and stocks is 4%. Pollo's cost of common equity, Re, is ____%

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