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  • 22-02-2024
  • Business
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Gudimetla Consulting has a beta of 1.08 and a cost of debt of 8 percent. The current risk-free rate is 3.2 percent and the market rate of return is 11.47 percent. What is the company's cost of equity capital?
a) 10.56 percent
b) 10.22 percent
c) 9.87 percent
d) 9.54 percent

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