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The stock of Target Corporation has a beta of 0.84. The market risk premium (=expected return on market portfolio minus risk-free rate) is 6.33

 

The stock of Target Corporation has a beta of 0.84. The market risk premium (=expected return on market portfolio minus risk-free rate) is 6.33 percent and the risk-free rate is 3.41 percent. What is the required rate of return on this stock? Use the CAPM Equation Note: Enter your answer in percentages rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 12.345%, then enter "12.35"

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