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Sloth Corp.'s most recent bond issue has a coupon rate of 4.51% and is currently priced at par. The estimated risk premium between the company's

Sloth Corp.'s most recent bond issue has a coupon rate of 4.51% and is currently priced at par. The estimated risk premium between the company's debt and equity is 4.07%. The estimated cost of equity, RE, is ________%

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