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Assuming a risk-free rate of 4% and a market portfolio return of 8%, calculate the required rate of return for Company FINA with a beta

  1. Assuming a risk-free rate of 4% and a market portfolio return of 8%, calculate the required rate of return for Company FINA with a beta of -0.65.

Answer kay is 1.4% please show me the formula and steps and explain how you the information from the problem and apply them on the formula

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