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Assume now that there is no change in inflation, but market risk premium increases by 1%. What is WCE's required rate of return now? Do

Assume now that there is no change in inflation, but market risk premium increases by 1%. What is WCE's required rate of return now? Do not round intermediate calculations. Round your answer to two decimal places

rRF = 5%; rM = 7%; RPM = 2%, and beta = 1.2

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