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Suppose the beta of ExxonMobil's stock is 1.1, the risk-free rate is 4 percent, and the expected market rate of return is 14 percent.

Suppose the beta of ExxonMobil's stock is 1.1, the risk-free rate is 4 percent, and the expected market rate of return is 14 percent. ExxonMobil's cost of equity capital is % using the CAPM.

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