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Glory Tech Corporation's stock has a required return of 1 3 . 0 0 % , the risk - free rate is 5 . 0

Glory Tech Corporation's stock has a required return of 13.00%, the risk-free rate is 5.00%, and the market risk premium is 5.00%. Now suppose there is a shift in investor risk aversion, and the market risk premium increases by 100 basis points or 1.00%. What is Glory's new required return? 1%= equals 100 basis points.
a.14.00% b.14.30% c.14.60% d.15.10% e.17.40%

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