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The Wishbone Corporation's common stock has a beta of 1.3. If the risk-free rate is 4 percent and the expected return on the market

The Wishbone Corporation's common stock has a beta of 1.3. If the risk-free rate is 4 percent and the expected return on the market is 7 percent, what is the company's cost of equity capital? 7.90% 8.50% 7.70% 9.77% 08.00%

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