The risk free rate of return is 5%. Eastwood Inc. stock has a beta of .8, and the risk premium of owning this individual stock is 10%. What is Eastwood's required rate of return.

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The risk free rate of return is 5%. Eastwood Inc. stock has a beta of.8, and the risk premium of owning this individual stock is 10%. What is Eastwood's required rate of return. TO RECEIVE CREDIT FOR THIS QUESTION YOU MUST SHOW BOTH YOUR ANSWER, ROUNDED TO TWO DECIMAL PLACES, AND THE CALCULATIONS YOU USED TO ARRIVE AT THAT