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Steady Company's stock has a bela of 0.16. Ur the risk. free rate is 5.9% and the market risk premium is 7.1%, what is an

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Steady Company's stock has a bela of 0.16. Ur the risk. free rate is 5.9% and the market risk premium is 7.1%, what is an estimate of Steidy Company/s cost of equity? Steady's cost of equity capital is 4. (Round to one decimal place.)

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