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The stock of Target Corporation has a beta of 0.94. The market risk premium is 7.89 percent and the risk-free rate is 2.39 percent. What
The stock of Target Corporation has a beta of 0.94. The market risk premium is 7.89 percent and the risk-free rate is 2.39 percent. What is the required rate of return on this stock? Use the CAPM Equation
Enter your answer in percentages rounded off to two decimal points.
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