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eBook Problem Walk-Through Beale Manufacturing Company has a beta of 1.1, and Foley Industries has a beta of 0.40. The required return on an index

eBook Problem Walk-Through Beale Manufacturing Company has a beta of 1.1, and Foley Industries has a beta of 0.40. The required return on an index fund that holds the entire stock market is 13%. The risk-free rate of interest is 4.5%. By how much does Beale's required return exceed Foley's required return? Do not round intermediate calculations. Round your answer to two decimal places. %

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Foundations of Financial Management

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

16th edition

978-1259277160

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