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16. Given Chevron's Beta of 1.27, and the risk-free rate of 1%, and the average market risk premium of 7%, what is Chevron's estimated required
16. Given Chevron's Beta of 1.27, and the risk-free rate of 1%, and the average market risk premium of 7%, what is Chevron's estimated required return per the CAPM? (Your answer should be a % carried to 1 place.) a
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