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Nanometrics, Inc., has a beta of 3.17. If the market return is expected to be 11.35 percent and the risk-free rate is 4.10 percent, what

Nanometrics, Inc., has a beta of 3.17. If the market return is expected to be 11.35 percent and the risk-free rate is 4.10 percent, what is Nanometrics' required return?(Round your answer to 2 decimal places.)

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