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The risk-free rate is 4.2%, and the expected market rate of return is 11.3%. Your company has a beta of 0.95, and the new project

The risk-free rate is 4.2%, and the expected market rate of return is 11.3%. Your company has a beta of 0.95, and the new project that you are evaluating is considered to have twice the risk as to the average project that the company has accepted in the past. According to CAPM, what is the appropriate hurdle rate for the new project?

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