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The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 3.5 percent and the expected return on the market is
The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 3.5 percent and the expected return on the market is 14 percent, what is the company's cost of equity capital?
Multiple Choice 18.9% 14.3% 15.05% 15.65%
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