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Smathers Corporation stock has a beta of 1.22. The market risk premium is 7.10 percent and the risk-free rate is 2.90 percent annually. What is

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Smathers Corporation stock has a beta of 1.22. The market risk premium is 7.10 percent and the risk-free rate is 2.90 percent annually. What is the company's cost of equity? Multiple Choice O O O O 11.56% 8.02% 7.58% 9.79% 7.80%

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