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Ganges Grub's stock has a beta of 1.65. Assume that the risk-free rate, r RF , is 5.5% and the market risk premium, (r M

Ganges Grub's stock has a beta of 1.65. Assume that the risk-free rate, r_RF, is 5.5% and the market risk premium, (r_M r_RF), equals 4%.

Compute the required rate of return for Ganges Grub. Respond in percentage form without the percent sign and round to the second decimal place. Thus, 26.789% would be written as 26.79

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