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TJ Co stock has a beta of 1.51, the current risk-free rate is 5.81 percent, and the expected return on the market is 14.06 percent.

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TJ Co stock has a beta of 1.51, the current risk-free rate is 5.81 percent, and the expected return on the market is 14.06 percent. What is TJ Co's cost of equity? Multiple Choice 21.38% 30.00% 27.04% 18.27%

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