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Assume IBMs beta is 1.4 and the historical equity premium is 11%. The risk-free rate is 3%. What is IBMs required rate of return? 13.9%

Assume IBMs beta is 1.4 and the historical equity premium is 11%. The risk-free rate is 3%. What is IBMs required rate of return?

13.9%

16.2%

10.0%

18.4%

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