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King Farm Manufacturing Companys common stock has a beta of 0.61. If the risk-free rate is 3.44%, and the market return is 5.95 %, calculate

King Farm Manufacturing Companys common stock has a beta of 0.61. If the risk-free rate is 3.44%, and the market return is 5.95 %, calculate the required return on King Farm Manufacturing Companys stock.

Round answer two decimal place in percentage form.

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