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please help Question 12 5 pts a Suppose TikTok's parent company, ByteDance's stock has a beta of 1.07 and the nominal risk-free rate is 3%.

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Question 12 5 pts a Suppose TikTok's parent company, ByteDance's stock has a beta of 1.07 and the nominal risk-free rate is 3%. If the average market return is 13% what is the required return of the stock? (Round your answer to two decimal point)

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