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The Swanson Corporation's common stock has a beta of 107 . Assume the nisk.tree rate is 3.4 percent and the expected return on the market

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The Swanson Corporation's common stock has a beta of 107 . Assume the nisk.tree rate is 3.4 percent and the expected return on the market is 11 percent What is the company's cost of equity capital? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9. 3216

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