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please answer fast! Parr Paper's stock has a beta of 1.15, and its required return is 6%. Clover Dairy's stock has a beta of 1.69.
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Parr Paper's stock has a beta of 1.15, and its required return is 6%. Clover Dairy's stock has a beta of 1.69. If the risk-free rate is 4.3%, what is the required rate of return on Clover's stock? (Hint: First find the market risk premium.) 6.8% O 7.0% O 6.4% O 7.2% O 6.6%
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