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11. Assume the risk-free rate is 5 percent, the expected rate of return on the market is 15 percent, and the beta of your firm

11.Assume the risk-free rate is 5 percent, the expected rate of return on the market is 15 percent, and the beta of your firm is 1.2. Given these conditions, what is the required rate of return on your companys stock per the capital asset pricing model?

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