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the market rate of return is 11.8 percent and the risk free rate is 3.45 percent. Galaxy Co has 36 percent more systematic risk than

the market rate of return is 11.8 percent and the risk free rate is 3.45 percent. Galaxy Co has 36 percent more systematic risk than the overall market and has a dividend growth rate of 3.5 percent. What is the cost of equity

15.31

14.81

21.11

16.28

19.82

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