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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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