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Today, Asset Q's intrinsic value is V 0 = $67, but its price is only P 0 = $63. The expected return of Asset Q
Today, Asset Q's intrinsic value is V0 = $67, but its price is only P0 = $63. The expected return of Asset Q is 12%. Calculate Asset Q's required return. Express your answer as a decimal with four digits after the decimal point (e.g., 0.1234, not 12.34%).
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