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54. Stock A has a beta of 1,30, and its required return is 13.13%. Stock B's beta is 0.80. If the risk-free rate is 2.60%,

54.
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Stock A has a beta of 1,30, and its required return is 13.13%. Stock B's beta is 0.80. If the risk-free rate is 2.60%, what is the required rate of return on B's stock? (Hint: First find the market risk premium.) Do not round your intermediate calculations. a. 9.08% b. 8,60% 10.53% d. 8.1046 e. 9.68%

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