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A company has a beta of 0.5, the T-bill rate is 2.69%, and the expected return on the market is 14.71%. What is its required

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A company has a beta of 0.5, the T-bill rate is 2.69%, and the expected return on the market is 14.71%. What is its required rate of return? Do not round your intermediate calculations. Express as a percent rounded to two decimal places

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