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Lowell Inc's stock has a beta of 1, the risk free rate is 5.2, and the market risk premium is 8.6. Using the Capital Asset

Lowell Inc's stock has a beta of 1, the risk free rate is 5.2, and the market risk premium is 8.6. Using the Capital Asset Pricing Model (CAPM), what is the firm's required rate of return. ______% (to two decimal places)

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