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You have the following information for ATY Co: Rate of return on RSA150 stock = 4% Return on JSEs overall index = 12% Beta coefficient

You have the following information for ATY Co:

Rate of return on RSA150 stock = 4%

Return on JSEs overall index = 12%

Beta coefficient = 0.6 Risk premium = 8%

Interest rate = 5%

Calculate the cost of ordinary shares:

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