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Suppose your company has an equity beta of 1.5 and the current risk-free rate is 3.5%. If the expected market risk premium is 5.9%, what

Suppose your company has an equity beta of 1.5 and the current risk-free rate is 3.5%. If the expected market risk premium is 5.9%, what is your cost of equity capital?

Please do not copy from Chegg otherwise I have to report the answer. Explain the answer thoroughly by showing each step of the calculation.

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