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Determine the required rate of return on King Farm Corporation's common stock. The firm's beta is 1.82. The rate on 10-year Treasury bond is 3.63%

Determine the required rate of return on King Farm Corporation's common stock. The firm's beta is 1.82. The rate on 10-year Treasury bond is 3.63% and the market risk premium is 6.53%

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(Round to wo decimal places, in percentage form)

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