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You are analyzing a common stock that has a beta of 0.91, a sustainable growth rate of 3.9 percent, the current risk-free rate is 1.8
You are analyzing a common stock that has a beta of 0.91, a sustainable growth rate of 3.9 percent, the current risk-free rate is 1.8 percent, and the expected return on the market is 6 percent. What is the companys cost of equity?
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