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The common stock of Wiley and Sons has a beta that is 25 percent larger than the overall market beta. Currently, the market risk premium

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The common stock of Wiley and Sons has a beta that is 25 percent larger than the overall market beta. Currently, the market risk premium is 7.25 percent while the U.S. Treasury bill is yielding 4.7 percent. What is the cost of equity for this firm? 15.80 percent 14.96 percent 16.58 percent 13.76 percent 16.85 percent

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