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Question 1 Not complete Marked out of 10.00 Flag question Calculating the Cost of Equity Assume that the Coffman Company has a beta of 1

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Question 1 Not complete Marked out of 10.00 Flag question Calculating the Cost of Equity Assume that the Coffman Company has a beta of 1 and that the risk-free rate of return is 3 percent. If the equity-risk premium is 4%, calculate the cost of equity for the Coffman Company using the capital asset pricing model. Enter answer as a percent rounded to one decimal place. % Check Save Answers Next >

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