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Round to two Decimal Places Homework: M4: Chapter 12 Homework Save Score: 0 of 1 pt 1 of 7 (1 complete) HW Score: 14.29%, 1

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Round to two Decimal Places

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Homework: M4: Chapter 12 Homework Save Score: 0 of 1 pt 1 of 7 (1 complete) HW Score: 14.29%, 1 of 7 pts P12-1 (similar to) Question Help Suppose Pepsico's stock has a beta of 0.76. If the risk-free rate is 3% and the expected return of the market portfolio is 6%, what is Pepsico's equity cost of capital? Pepsico's equity cost of capital is %. (Round to two decimal places.)

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