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Wild Swings, Inc.'s stock has a beta of 2.69 . If the risk-free rate is 6.04% and the market risk premium is 7.07%, what is

image text in transcribed Wild Swings, Inc.'s stock has a beta of 2.69 . If the risk-free rate is 6.04% and the market risk premium is 7.07%, what is an estimate of Wild Swings' cost of equity? Wild Swings's cost of equity capital is \%. (Round to two decimal places.)

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