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Suppose rRF = 6%, rM = 11%, and rA = 14%. Calculate Stock A'sbeta. 1) Round your answer to one decimal place. 2) If Stock

Suppose rRF = 6%, rM = 11%, and rA = 14%. Calculate Stock A'sbeta. 1) Round your answer to one decimal place. 2) If Stock A'sbeta were 2.4, then what would be A's new required rate of return?Round 2 answers

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