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Using the capital asset pricing model (CAPM), what is the cost of equity if the risk free rate is 7%, the market return is 9%,

Using the capital asset pricing model (CAPM), what is the cost of equity if the risk free rate is 7%, the market return is 9%, and beta is 2.3?

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OptionA

8.0%

OptionB

11.6%

OptionC

13.6%

OptionD

16%

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