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Nanometrics, Inc. has a beta of 3.11. If the market return is expected to be 1275 percent and the risk-free rate is 5.50 percent, what

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Nanometrics, Inc. has a beta of 3.11. If the market return is expected to be 1275 percent and the risk-free rate is 5.50 percent, what is Nanometrics' required retum? (Round your answer to 2 decimol places.)

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