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The beta value of Solica Inc. is 1. A 3-month T-yield bill's is 2.3%, whereas a 10-year T-yield bond's is 5.9%. The return on an

The beta value of Solica Inc. is 1. A 3-month T-yield bill's is 2.3%, whereas a 10-year T-yield bond's is 5.9%. The return on an average stock in the market last year was 10%, while the market risk premium is 6.7%. What is the cost of equity (in percent)?

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