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Quest is considering expansion into a new product line. It was found that firms marketing this product line have an average beta of 1.40. If

Quest is considering expansion into a new product line. It was found that firms marketing this product line have an average beta of 1.40. If the average return on stocks in general is expected to be 14%t, and the risk-free rate is 11%, what is the project's required rate of return using the capital asset pricing model approach?

A- 16.8%

B- 13%

C- 25%

D-15.2%

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