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Wandering Oaken's Trading Post's common stock has a beta of 2.41. If the risk free rate of return is expected to be 2.28% and the

Wandering Oaken's Trading Post's common stock has a beta of 2.41. If the risk free rate of return is expected to be 2.28% and the market risk premium is 6.96%, what is the cost of equity for Wandering Oaken's common stock? answers should be entered as percentages s0 10.04% should be entered as 10.04.

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