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The risk-free rate of interest is 2% and the market risk premium is 9%. JL Corporation has a beta of 2.3, and last year generated

The risk-free rate of interest is 2% and the market risk premium is 9%. JL Corporation has a beta of 2.3, and last year generated a return of 15% with a standard deviation of returns of 23%. The required return on JL Corporation stock is

19.6%.

31.4%.

26.5%.

22.7%.

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