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You are analyzing a common stock that has a beta of 1, a growth rate of 5.1 percent, the current risk-free rate of 2.3 percent,
You are analyzing a common stock that has a beta of 1, a growth rate of 5.1 percent, the current risk-free rate of 2.3 percent, and the expected return on the market is 6.8 percent. What is the company's cost of equity using the capital asset pricing model?
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