The beta of the common stock of T. Albinoni Inc. is 1.751. The 3-month U.S....

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Finance

The beta of the common stock of T. Albinoni Inc. is 1.751. The 3-month U.S. Treasury Bill rate is currently 1.01%, and the expected return of the S&P 500 Index is 7.89%. The stock is traded at $50.21 per share now. Using the capital asset pricing model (CAPM), calculate the firms cost of external equity

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