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Suppose your company has an equity beta of 0.5 and the current risk-free rate is 6.0%. If the expected market risk premium is 8.6%, what

Suppose your company has an equity beta of 0.5 and the current risk-free rate is 6.0%. If the expected market risk premium is 8.6%, what is your cost of equity capital?

6.1%

8.6%

11.1%

10.3%.

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