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A firm's stock has a beta of 1.3, the 30-year treasury yield is 4.5, and the market risk premium is 5.6. Using the Capital Asset

A firm's stock has a beta of 1.3, the 30-year treasury yield is 4.5, and the market risk premium is 5.6. Using the Capital Asset Pricing Model (CAPM), what is the firm's required rate of return. ______% (to two decimal places)

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