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SunlandIndustries common stock has a beta of1.4. If the market risk-free rate is5.5percent and the expected return on the market is8.0percent, what isSunland's cost of

SunlandIndustries common stock has a beta of1.4. If the market risk-free rate is5.5percent and the expected return on the market is8.0percent, what isSunland's cost of common stock?(Round answer to 1 decimal places, e.g. 15.2%.)

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