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The common stock of Anthony Steel has a beta of 1.10. The risk-free rate is 4 percent, and the market rate of return is 12

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The common stock of Anthony Steel has a beta of 1.10. The risk-free rate is 4 percent, and the market rate of return is 12 percent. What is the company's cost of equity using CAPM approach? 12.8% O 16.4% 10.8% 14.0% 11.6%

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