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Pimlico Mfg. has a required return of 15.5% and a beta of 1.4. In a market with a risk free rate of .95%, what is
Pimlico Mfg. has a required return of 15.5% and a beta of 1.4. In a market with a risk free rate of .95%, what is the market return for Pimlicos market? Make sure to answer in FOUR decimals.
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