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Kelley Company's stock has a beta of 1.25, the risk-free rate is 3.25%, and the market risk premium is 6.40%. What is the firm's required

Kelley Company's stock has a beta of 1.25, the risk-free rate is 3.25%, and the market risk premium is 6.40%. What is the firm's required rate of return? (Apply the CAPM correctly)

		7.19%
		9.65%
		11.25%
		12.06%
		15.31%

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