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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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