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The common stock of ABC, Inc. has a beta of 1.58 and a standard deviation of 14.95%. The expected return on the market is 12.45%

The common stock of ABC, Inc. has a beta of 1.58 and a standard deviation of 14.95%. The expected return on the market is 12.45% and the risk-free rate is 4.89%. What is the cost of equity for this firm?

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