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Lauryns asset beta is 1.23. Calculate the appropriate FCF discount rate assuming a risk-free rate of 3 percent and a market risk premium of 10

Lauryns asset beta is 1.23. Calculate the appropriate FCF discount rate assuming a risk-free rate of 3 percent and a market risk premium of 10 percent. (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)

Discount Rate: %

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