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You know that the return of Blossom Cyclicals common shares is 0.9 times as sensitive to macroeconomic information as the return of the market. If

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You know that the return of Blossom Cyclicals common shares is 0.9 times as sensitive to macroeconomic information as the return of the market. If the risk-free rate of return is 2.05 percent and market risk premium is 5.71 percent, what is Blossom Cyclicals' cost of common equity capital? (Round intermediate calculation to 5 decimal places, e.8. 1.25140 and final answer to 2 decimal places, e-8. 15.25%) Cost of common equity capital

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