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show the formula 8-11 CAPM AND REQUIRED RETURN Calculate the required rate of return for Manning Enter- prises assuming that investors expect a 3.5% rate

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8-11 CAPM AND REQUIRED RETURN Calculate the required rate of return for Manning Enter- prises assuming that investors expect a 3.5% rate of inflation in the future. The real risk-free rate is 2.5%, and the market risk premium is 6.5%. Manning has a beta of 1.7, and its realized rate of return has averaged 13.5% over the past 5 years

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