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A stock has a required return of 16.00%, the risk-free rate is 8.20%, and the market risk premium is 12.20%. a) What is the stock's

A stock has a required return of 16.00%, the risk-free rate is 8.20%, and the market risk premium is 12.20%. a) What is the stock's beta? b) If the market risk premium changes to 5.50%, what would happen to the stock's required rate of return? Assume that the risk-free rate and the beta remain unchanged.

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