Question: please answer asap correctly. thank you! A stock has a Beta of 1.34 . The current risk free rate in the economy is 1.56%, while

please answer asap correctly. thank you! please answer asap correctly. thank you! A stock has a Beta of

A stock has a Beta of 1.34 . The current risk free rate in the economy is 1.56%, while the market portfolio risk premium is 6%. Find the cost of equity for this stock. Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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