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The Rhaegel Corporation's common stock has a beta of 1.4. 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 1.4. If the risk-free rate is 3.5 percent and the expected return on the market is 15 percent, what is the company's cost of equity capital?

Multiple Choice

  • 18.62%

  • 19.6%

  • 24.5%

  • 20.38%

  • 20.58%

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