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A company has a beta of 0.6, the T-bill rate is 4.15%, and the expected return on the market is 13.88%. What is its required

A company has a beta of 0.6, the T-bill rate is 4.15%, and the expected return on the market is 13.88%. What is its required rate of return? Do not round your intermediate calculations. Round your answer to two decimal places.

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