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Suppose our company has a beta of 1.5. The market risk premium is expected to be current risk-free rate is 6%, we have used analysts'

Suppose our company has a beta of 1.5. The market risk premium is expected to be current risk-free rate is 6%, we have used analysts' estimates to determine that the believes our dividends will grow at 6% per year and our last dividend was $2. Our stock is currently selling for $15.65. What is our cost of equity

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