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The Up and Coming Corporation's common stock has a beta of 1.1. If the risk-free rate is 4 percent and the expected return on the
The Up and Coming Corporation's common stock has a beta of 1.1. If the risk-free rate is 4 percent and the expected return on the market is 12 percent, what is the company's cost of equity capital? (Do not round your intermediate calculations.) Multiple Choice 12.8% 13.44% 12.16% 17.2% 13.31%
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