Question: The Lenzie Corporation's common stock has a betis of 160. If the risk free rate56and the expected return on the market is 10% What is

The Lenzie Corporation's common stock has a betis of 160. If the risk free rate56and the expected return on the market is 10% What is the company's cost of equity capital? (Do not round intermediate calculations Enter your answer as a percentage rounded to 2 decimal places.) Cost of equity capital
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