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Sheridan Industries, common stock has a beta of 1.2. If the current risk-free rate is 5.2 percent and the market risk premium is 5 percent,

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Sheridan Industries, common stock has a beta of 1.2. If the current risk-free rate is 5.2 percent and the market risk premium is 5 percent, what is Sheridan's cost of common stock? (Do not round intermediate calculotions. Round answer to 1 decimal ploce, eg. 15.2%.) Cost of commonstock %

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