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whats the right answer? show work plz somi can learn it. 14. The firm has a beta of .80. The market risk premium is 6

whats the right answer? show work plz somi can learn it.
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14. The firm has a beta of .80. The market risk premium is 6 percent, risk-free rate is 6%. The firm's last dividend was $1.20 per share, and the dividend is expected to grow at 8 percent indefinitely. The stock currently sells for $45 per share, what is the firm's cost of equity capital

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