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Business, 16.11.2020 18:10 lauren21bunch

The Up and Coming Corporation's common stock has a beta of 0.9. If the risk-free rate is 4 percent and the expected return on the market is 15 percent, what is the company's cost of equity capital? (Do not round your intermediate calculations.) a) 13.2%
b) 14.46%
c) 17.5%
d) 14.59%
e) 13.9%

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