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The risk-free rate of interest is 5% and the market risk premium is 8%. Miller Corporation has a beta of 1.8, and last year generated

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The risk-free rate of interest is 5% and the market risk premium is 8%. Miller Corporation has a beta of 1.8, and last year generated a return of 15% with a standard deviation of returns of 34%. The required return on Miller Corporation stock is Select one: a. 19.4% O b. 23.4% c. 27.0% d. 14.6%

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