Think I'm missing a step here. Not sure where I'm going wrong. Any help is greatly appreciated! <\/p>
<\/p>
Carolina Insurance Company is considering the purchase of a fire insurance company. The fire insurance company has a beta of 2.5. If the risk-free rate is 8 percent and the market risk premium is 6 percent, the required rate of return that should be used to evaluate the insurance company is _____.<\/p>
<\/p>
13%<\/span><\/p> 23%<\/span><\/p> 18%<\/span><\/p> 11%<\/span><\/p> 14%<\/span><\/p>",
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