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MFI Inc. has a beta of 0.86. If the expected market return is 11.5 percent and the risk-free rate is 3 percent, what is the

MFI Inc. has a beta of 0.86. If the expected market return is 11.5 percent and the risk-free rate is 3 percent, what is the appropriate required return of MFI (using the CAPM)?

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