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Suppose the current T - Bill rate is 2 . 7 5 % and our forecast for the market excess return is 5 . 5

Suppose the current T-Bill rate is 2.75% and our forecast for the market excess return is 5.5%. Pier diagnostics believe the beta of the companys stock is 1.2. If we were to avise this company as to their hurdle rate or discount rate for a project similar to the risk of the company's stock. The required or return for the investment with the same risk as Pier Diagnostics equity would be?

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