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A company has an estimated beta of - 0 . 2 9 . The risk - free rate of return is 3 . 9 0

A company has an estimated beta of -0.29. The risk-free rate of return is 3.90 percent, and the equity risk premium is estimated to be 6.33 percent. Using the CAPM, calculate
the required rate of return for investors in that company.
(Enter your answer decimalized number without the percent sign. Use four decimal places. For example, if your answer is 12.34%, enter 0.1234)
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