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The Dybvig Corporation's common stock has a beta of 1.21. If the risk-free is 3.5 percent and the expected return on the market is 11
The Dybvig Corporation's common stock has a beta of 1.21. If the risk-free is 3.5 percent and the expected return on the market is 11 percent, what is Dybvig's cost of equity capital?
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