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The risk-free rate of interest, k RF , is 6 percent. The overall stock market has an expected return of 12 percent. Hazlett, Inc. has

The risk-free rate of interest, kRF, is 6 percent. The overall stock market has an expected return of 12 percent. Hazlett, Inc. has a beta of 0.8. What is the required return of Hazlett, Inc. stock?

Write your answer as a percentage.

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