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Problem 8-3 Required rate of return Assume that the risk-free rate is 5.5% and the expected return on the market is 12%. What is the

Problem 8-3 Required rate of return

Assume that the risk-free rate is 5.5% and the expected return on the market is 12%. What is the required rate of return on a stock with a beta of 0.5? Round your answer to two decimal places.

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