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you are estimating the cost of external equity for supersaws. supersaws has a beta of 0.9 you decide to use a return on the market

you are estimating the cost of external equity for supersaws. supersaws has a beta of 0.9 you decide to use a return on the market of 10% and a risk free rate of return of 2% you estimate flotation costs to be 11% what is the external cost of equity?

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