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Wild Swings, Inc.'s stock has a beta of 2.5. If the risk-free rate is 6.0% and the market risk premium is 7.0%, what is an

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Wild Swings, Inc.'s stock has a beta of 2.5. If the risk-free rate is 6.0% and the market risk premium is 7.0%, what is an estimate of Wild Swings' cost of equity? Wild Swings, Inc.'s cost of equity capital is \%. (Round to one decimal place.)

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