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The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 5 percent and the expected return on the market is

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The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 5 percent and the expected return on the market is 15 percent, what is the company's cost of equity capital? Multiple Choice 16% 16.64% 21.5% 15.2% 16.8%

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