What is the company annual percentage cost of common equity

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Question - The beta for Magnolia Magnet Company's common stock is 1.24. The annual stock market risk premium is 7.2%, and the risk-free interest rate is 2.3% per year. According to the security market line (SML) technique, what is the company's annual percentage cost of common equity (ke) financing?

Reference no: EM132956158

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