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The cost of equity is used to calculate WACC. It is also used to find PV when only the stockholders have claim to the firm's

The cost of equity is used to calculate WACC. It is also used to find PV when only the stockholders have claim to the firm's FCFs. Calculate the cost of equity using the CAPM model using the following information: Expected market return: 8.5%, Risk-free rate: 3.5%. Stock's beta: 1.43.

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