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In evaluating an investment opportunity in a company the following information was provided. Using this information what is the required rate of return for the
In evaluating an investment opportunity in a company the following information was provided. Using this information what is the required rate of return for the company. Risk free rate 4.25%, inflation estimate 2.50%, market risk premium 3.20%, default risk premium 2.00%, company beta 0.75, company average debt financing rate 6.00%. (Round to two decimals)
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