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The Rhaegel Corporation's common stock has a beta of 1.6. If the risk-free rate is 4 percent and the expected return on the market is

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The Rhaegel Corporation's common stock has a beta of 1.6. If the risk-free rate is 4 percent and the expected return on the market is 14 percent, what is the company's cost of equity capital? Multiple Choice 26.4% 20.8% 19% 21%

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