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Smathers Corp. stock has a beta of 1.20. The market risk premium is 7.30 percent and the risk-free rate is 2.98 percent annually. What is

Smathers Corp. stock has a beta of 1.20. The market risk premium is 7.30 percent and the risk-free rate is 2.98 percent annually. What is the company's cost of equity? Multiple Choice O 11.74% O 7.94% 8.16% O 7.71%

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