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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 1.50; the expected market

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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 1.50; the expected market risk premium is 7.0%; and the current T-Bill rate is 3.4%. 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. Type your

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