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Millar Co. has a beta of 1.30 and an expected dividend growth rate of 8% per year. The risk-freel rate is 4%. Investors expect the

Millar Co. has a beta of 1.30 and an expected dividend growth rate of 8% per year. The risk-freel rate is 4%. Investors expect the annual future stock market return to be 15.0%. What is Millar's required return? Express your answer as a decimal to 3 decimal places (i.e. not 12.3 but .123) Your

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