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Bertin Bicycles has a beta of 0.84 and an expected dividend growth rate of 5.1% per year. The risk free rate is 4.5%. Investors expect

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Bertin Bicycles has a beta of 0.84 and an expected dividend growth rate of 5.1% per year. The risk free rate is 4.5%. Investors expect the future return on the market to be 12.0%. What is Bertin's required rate of return? Express as a decimal to 3 decimal places (i.e. not 12.3 but .123)

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