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The risk - free rate in the economy right now is 0 . 4 7 % . You believe the market will average 8 .

The risk-free rate in the economy right now is 0.47%. You believe the market will average 8.63% per year over the long run. Your company's stock has a beta of 1.5. What is the required return for your company's stock? (Please enter the percent return without the % sign at the end since Canvas doesn't like that symbol in numerical answers - for instance 20.45 for 20.45%)
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