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Suppose r RF = 6%, r M = 11%, and A's Beta is 1.10. What is A's new required rate of return? (Note: r M

Suppose rRF = 6%, rM = 11%, and A's Beta is 1.10. What is A's new required rate of return? (Note: rM is the market return)

Type your answer in % and round your answer to one decimal place (e.g. if the answer is 7.5% type in 7.5).

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