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A company has a beta of 0.65. If the market return is expected to be 12 percent and the risk-free rate is 5 percent, what

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A company has a beta of 0.65. If the market return is expected to be 12 percent and the risk-free rate is 5 percent, what is the company's required return? (Round your answer to two decimal places and do not include a % symbol)

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