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The risk-free rate is 4.8% and the market return is 14.6%. The beta of the stock is 1.19. What is the required return of the
The risk-free rate is 4.8% and the market return is 14.6%. The beta of the stock is 1.19. 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). Enter your response below. 22.17 * Correct response: 16.46+0.01% Click "Verify" to proceed to the next part of the question. Using the correct answer from the previous question, if the expected return is 13%, is this stock underpriced or overpriced? O underpriced O overpriced Click "verify" to proceed
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