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A company's stock has a beta of 1 . 2 0 , the risk - free rate is 3 . 2 5 % , and

A company's stock has a beta of 1.20, the risk-free rate is 3.25%, and the market risk premium is 5.0%. What is its required rate of return?
Group of answer choices
9.25%
9.97%
11.95%
12.83%

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