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King Farm Manufacturing Company's common stock has a beta of 2.46. If the risk-free rate is 3.32 percent, and the market return is 8.15 percent,

King Farm Manufacturing Company's common stock has a beta of 2.46. If the risk-free rate is 3.32 percent, and the market return is 8.15 percent, calculate the required return on King Farm Manufacturing's common stock.

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