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ered Suppose you hold the following stocks in your portfolio, thier Beta and their corresponding returns are as follows: Stocks Invested amount Beta Return

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ered Suppose you hold the following stocks in your portfolio, thier Beta and their corresponding returns are as follows: Stocks Invested amount Beta Return Brooks Bro. $863 1.4 6% Samsung $817 2 8% Macy's $100 1.8 5% If the risk-free rate is 1% and the average market return is 13% then, what is the required return for Samsung? (Round your answer to 2 decimal point)

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