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The Lenzie Corporation's common stock has a beta of 1.15. If the risk free rate is 3.5% and the expected retum on the market is

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The Lenzie Corporation's common stock has a beta of 1.15. If the risk free rate is 3.5% and the expected retum on the market is what is the company's cost of equity capital? (Do hot round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places.) Cost of equity capital %

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