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As an equity analyst you are concerned with what will happen to the required return to Universal Toddler' stock as market conditions change. Suppose rRF=5%,rM=10%,

image text in transcribed As an equity analyst you are concerned with what will happen to the required return to Universal Toddler' stock as market conditions change. Suppose rRF=5%,rM=10%, and bUT =1.4. a. Under current conditions, what is rUT, the required rate of return on UT Stock? Round your answer to one decimal place. %

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