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The risk-free rate in the economy right now is 1.17%. You believe the market will average 11.24% per year over the long run. Your company's

The risk-free rate in the economy right now is 1.17%. You believe the market will average 11.24% per year over the long run. Your company's stock has a beta of 2.8. 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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