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Nanometrics, Incorporated has a beta of 1 . 8 1 . If the market return is expected to be 1 2 . 0 0 percent

Nanometrics, Incorporated has a beta of 1.81. If the market return is expected to be 12.00 percent and the risk-free rate is 2.00 percent, what is Nanometrics required return?
Note: Round your answer to 2 decimal places.

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