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The Up and Coming Corporation's common stock has a beta of 1.1. If the risk-free rate is 3.5 percent and the expected return on the market is 13 percent,

Required:

Question 1: What is the company's cost of equity capital? (Do not round your intermediate calculations.)

  • 14.65%
  • 14.51%
  • 13.95%
  • 17.8%
  • 13.25%

Note: Please show how you came up with the solution.

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  • Reference No.:- M91162616

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