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Steady Company's stock has a beta of 0.25. If the risk-free rate is 5.9% and the market risk premiurn is 7.1%, what is an estimate

Steady Company's stock has a beta of 0.25. If the risk-free rate is 5.9% and the market risk premiurn is 7.1%, what is an estimate of Steady Company's cost of equity? Sieadye cost of equety capital is 4. (Round to one secimal place.)

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