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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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