Question: Merry to another won will save this response Question Spaints Sanstreet, Inc. went public by issuing 1 million shares of common stock AED 25 per

Merry to another won will save this response Question Spaints Sanstreet, Inc. went public by issuing 1 million shares of common stock AED 25 per share. The shares we currently trading at AED 30 per share. Current risk free rates arhetik premium is 8% and the company has a beta coefficient of 12. What is the Cost of Equity? Calculate to the percentage to the neartest one decimals. Moving to another question will save this response

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