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Suppose Pepsico's stock has a beta of 0.78. If the risk-free rate is 3 % and the expected return of the market portfolio is 9%,

Suppose Pepsico's stock has a beta of

0.78.

If the risk-free rate is

3 %

and the expected return of the market portfolio is

9%,

what is Pepsico's equity cost of capital?

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