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Wild Swings, Inc.'s stock has a beta of 2.3 . If the risk-free rate is 6.1 % and the market risk premium is 7.1 %

Wild Swings, Inc.'s stock has a beta of 2.3 . If the risk-free rate is 6.1 % and the market risk premium is 7.1 % , what is an estimate of Wild Swings' cost of equity? Wild Swings, Inc.'s cost of equity capital is nothing %. (Round to one decimal place.)

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