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Swift Corporation has a beta of 1 . 2 5 . Based on current market conditions, the required return on the Swift Corporation's common stock


Swift Corporation has a beta of 1.25. Based on current market conditions, the required return on the Swift Corporation's common stock is 11.0%.

Global events have introduced greater risk into the financial markets and the market risk premium has increased by 2%.

Compute the new required return on the Swift Corporation's common stock

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