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The equity position of the company is: Common Stock: 300,000, selling for $75 per share: the beta is 1.3, the market risk premium is 8%

The equity position of the company is: Common Stock: 300,000, selling for $75 per share: the beta is 1.3, the market risk premium is 8% and the risk free rate is 5%. The cost of equity for the company is:

  1. .0500
  2. .1540
  3. ,0800
  4. .1040
  5. .1150

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