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Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 8.75%, and the risk-free rate is 4.30%. What is the required rate

Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 8.75%, and the risk-free rate is 4.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.)

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