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Mulherin's stock has a beta of 1.23, its required return is 9.25%, and the risk-free rate is 2.30%. What is the required rate of return
Mulherin's stock has a beta of 1.23, its required return is 9.25%, and the risk-free rate is 2.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.) Do not round your intermediate calculations.
Group of answer choices
9.38%
8.03%
6.04%
8.43%
7.95%
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