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The current risk-free rate of return is 3.8%. The market risk premium is 5.7%. Allen Co. has a beta of 156. Using CAPM approach, Allen's

The current risk-free rate of return is 3.8%. The market risk premium is 5.7%. Allen Co. has a beta of 156. Using CAPM approach, Allen's cost of equity is 12.7% 14.0% 15.25

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