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TJ Company stock has a beta of 1 . 4 5 , the current risk - free rate is 5 . 7 5 , and

TJ Company stock has a beta of 1.45, the current risk-free rate is 5.75, and the expected return on the market is 14 percent. What is TJ Company's cost of equity?
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28.64 percent
17.71 percent
26.05 percent
21.20 percent

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