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An analyst has determined that the required return for an equity investment in shares of Global Partners is 10.5%. If the risk-free rate is 6%

An analyst has determined that the required return for an equity investment in shares of Global Partners is 10.5%.

If the risk-free rate is 6% and Global's beta is 1.2, the current equity risk premium is

3.75%

4.5%

10.5%

15.00%

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