The up and coming corporations common stock has a beta of


The Up and Coming Corporation's common stock has a beta of 1.05. If the risk-free rate is 5.3 percent and the expected return on the market is 12 percent. Up and Coming's cost of equity is percent. (Do not include the percent sign (%). Round your answer to 2 decimal places, (e.g., 32.16))

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Financial Management: The up and coming corporations common stock has a beta of
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