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You need to estimate your firm's cost of equity. You've collected the following information: Your firm's stock has a beta of 1.34; the expected market

You need to estimate your firm's cost of equity. You've collected the following information: Your firm's stock has a beta of 1.34; the expected market risk premium is 6.0%; and the current T-Bill rate is 4.9%. Use the CAPM to estimate the cost of equity. Enter your answer as a decimal and show 4 decimal places. For example, if your answer is 15.55%, enter .1555.

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