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ABC's stock has a beta of 1.50, its required return is 8.75%, and the risk-free rate is 4.30%. What is the required rate of return

ABC's stock has a beta of 1.50, its required return is 8.75%, and the risk-free rate is 4.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.) 1. 7.27% 2. 8.63% 3. 6.26% 4. 7.46% 5. 5.94%

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