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The risk-free rate is 2.4% and the market return is 8.9%. The beta of the stock is 0.42. What is the required return of the

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The risk-free rate is 2.4% and the market return is 8.9%. The beta of the stock is 0.42. What is the required return of the stock? Enter you answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percent sign in your answer. This question has 2 parts (i.e., you will be clicking "Verify" twice)

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