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Dan Gilbert company Quicken Loans is ready to go public. The company has a beta of 1.32, the risk-free rate is 4.25%,and the market risk
Dan Gilbert company Quicken Loans is ready to go public. The company has a beta of 1.32, the risk-free rate is 4.25%,and the market risk premium is 5.50%. What is the firm's required rate of return? (Round to 4 decimal points for this problem)
10.01%
10.13%
11.51%
8.75%
10.93%
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