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1 1 . Fisher Roofing Supplies stock has a beta of 0 . 8 9 . It's required return is 8 . 4 0 %

11. Fisher Roofing Supplies stock has a beta of 0.89. It's required return is 8.40% and the risk-free rate is 2.50%. What is the required rate of return in the market? (5)

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