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23. Problem 8.03 (Required Rate of Return) eBook Assume that the risk-free rate is 7.5% and the required return on the market is 9%. What

23. Problem 8.03 (Required Rate of Return) eBook Assume that the risk-free rate is 7.5% and the required return on the market is 9%. What is the required rate of return on a stock with a beta of 32 Round your answer to two decimal places

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