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The Treasury bond rate is currently 2% and the market return was last reported to be 13%. National Bank has a beta of 2.43. What

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The Treasury bond rate is currently 2% and the market return was last reported to be 13%. National Bank has a beta of 2.43. What is the cost of equity? The cost of equity for National Bank is %. (Round to two decimal places.) Enter your answer in the answer box

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