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BrisbyMotors has a beta of 1.40, the T-bill rate is 3.00%, and the Tbond rate is 7.0%.The annual return on the stock market during the
BrisbyMotors has a beta of 1.40, the T-bill rate is 3.00%, and the Tbond rate is 7.0%.The annual return on the stock market during the past 3 years was 15.00%, but investors expect the annual future stock market return to be 13.00%.Based on the SML, what is the firm's required return?
Select one:
13.51%
15.40%
13.86%
14.58%
14.80%
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