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The following data pertains to TAN Corp. TAN Corp has a beta of 1.2 The required return is 12.00% The estimated risk free rate is

The following data pertains to TAN Corp.
TAN Corp has a beta of 1.2
The required return is 12.00%
The estimated risk free rate is 3.00%
Assume no other information is given; find the required rate of return on the market
1. 12%
2. 10.50%
3. 8.50%
4. 3%

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