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QUESTION 11 Poss Inc. (PI) common stock has a beta of 1.3. If the expected return on the average stock is 16 percent and the

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QUESTION 11 Poss Inc. (PI) common stock has a beta of 1.3. If the expected return on the average stock is 16 percent and the risk-free rate is 6 percent, what is the required rate of return for Pl?' O 12.2% 16.496 19.096 13.296

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