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eBook 11 Problem Walk-Through Calculate the required rate of return for Mudd Enterprises assuming that investors expect a 4.9% rate of inflation in the future.

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eBook 11 Problem Walk-Through Calculate the required rate of return for Mudd Enterprises assuming that investors expect a 4.9% rate of inflation in the future. The real risk-free rate is 1.5%, and the market risk premium is 7.0% Mudd has a beta of 1.8, and its realized rate of return has averaged 8.5% over the past 5 years, Round your answer to two decimal places. 14.85 %

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