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Calculate the required rate of return (assume the market risk premium is 9.3 percent, the risk-free rate is 3.3 percent, and the beta is 1.28).

Calculate the required rate of return (assume the market risk premium is 9.3 percent, the risk-free rate is 3.3 percent, and the beta is 1.28). (Round answer to 2 decimal places, e.g. 11.36%.)

Required rate of return Type your answer here %

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