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REQUIRED RATE OF RETURN Assume that the risk-free rate is 4% and the required return on the market is 13%. What is the required rate

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REQUIRED RATE OF RETURN Assume that the risk-free rate is 4% and the required return on the market is 13%. What is the required rate of return on a stock with a beta of 1.2? Round your answer to two decimal places. 13.84 %

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