The return on treasury bills id 42 percent and the market, Financial Management

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The return on treasury bills id 42 percent and the market

the sugar cookie compny just paid a dividend of $.45 a share. The stock has a market price of $21 and a beta of .88.

The return on treasury bills id 4.2 percent and the market has a 11.8 percent rate of return. What is the cost of equity for the cookie company?

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