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The stock in Bowie Enterprises has a beta of 1.22. The expected return on the market is 11.40 percent and the risk-free rate is 2.90

The stock in Bowie Enterprises has a beta of 1.22. The expected return on the market is 11.40 percent and the risk-free rate is 2.90 percent. What is the required return on the company's stock?

12.53%

16.81%

13.27%

15.04%

12.90%

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