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You have discovered three analysts' estimates of the Beta for Falfol Corp.: 1.16, 1.27, and 1.37, and have no particular reason to believe one is

You have discovered three analysts' estimates of the Beta for Falfol Corp.: 1.16, 1.27, and 1.37, and have no particular reason to believe one is more accurate than the others. The Treasury Bond rate is estimated at 3.8%. The Market Risk Premium is estimated to be 4.7%. The estimated cost of equity, Re, for Falfol Corp. is ________%.

Margin of error for correct responses: +/-.05%.

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