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Wild Swings, Inc.'s stock has a beta of 2.5. If the risk-free rate is 5.9% and the market risk premium is 6.9%, what is an

Wild Swings, Inc.'s stock has a beta of 2.5. If the risk-free rate is 5.9% and the market risk premium is 6.9%, 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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