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The Benjamin Corporation uses CAPM to estimate equity cost of capital. Its beta is 0.82. If the expected market return is 11.4% and the risk-free

The Benjamin Corporation uses CAPM to estimate equity cost of capital. Its beta is 0.82. If the expected market return is 11.4% and the risk-free rate is 5.8%, what would be, in percent, Benjamin Co.'s equity cost of capital

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