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SHOW WORKS PLEASE. HighTech Innovations is a riskier-than-average company, and analysts estimate that its stock has a beta of 2.1. What would be a fair
SHOW WORKS PLEASE. HighTech Innovations is a riskier-than-average company, and analysts estimate that its stock has a beta of 2.1. What would be a fair rate of return for HighTechs stock if the risk-free rate is 4% and the risk premium on the market is 8%?
a.20.8%
b.25.2%
c.16.4%
d.13.1%
e.29.2%
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