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The Rhaegel Corporations common stock has a beta of 1.5. If the risk-free rate is 3.5 percent and the expected return on the market is

The Rhaegel Corporations common stock has a beta of 1.5. If the risk-free rate is 3.5 percent and the expected return on the market is 11 percent, what is the companys cost of equity capital?

15.34%, 20%, 15.49%, 14.01%, 14.75%

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