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The variance of the market returns is 0.0715, and the covariance of the returns on Pearl stock and the market is 0.11440. If the risk-free

The variance of the market returns is 0.0715, and the covariance of the returns on Pearl stock and the market is 0.11440. If the risk-free rate is 7.8 percent and the market risk premium is 9.8 percent, what is the required rate of return of Pearl?

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