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Use the Capital Asset Pricing Model to find the cost of equity (common stock) in percent. Assume FBs beta is 1.2; the risk free yield

Use the Capital Asset Pricing Model to find the cost of equity (common stock) in percent. Assume FBs beta is 1.2; the risk free yield on a 30 year long term US Treasury bond is 2.6%; and the expected market return is 11%.

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