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The common stock of Greshak Corp. has a beta of 1.20. The risk-free rate is 5% and the equity risk premium (RM - RRF) is

The common stock of Greshak Corp. has a beta of 1.20. The risk-free rate is 5% and the equity risk premium (RM - RRF) is 6%. What is the company's cost of common stock, Rcs? TO RECEIVE CREDIT, YOU MUST SHOW ALL WORK NECESSARY TO SUPPORT YOUR ANSWER.

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