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The stock in Bowie Enterprises has a beta of 1.23. The expected return on the market is 11.30 percent and the risk-free rate is 2.86

The stock in Bowie Enterprises has a beta of 1.23. The expected return on the market is 11.30 percent and the risk-free rate is 2.86 percent. What is the required return on the company's stock?

16.76%

15.00%

13.24%

12.51%

12.87%

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