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Trenia Inc. has a beta of 1.4. The three-month Treasury Bill rate is currently 4% and the return on S&P 500 index is 17%. What

Trenia Inc. has a beta of 1.4. The three-month Treasury Bill rate is currently 4% and the return on S&P 500 index is 17%. What is the required rate of return for Trenia Inc.?

Round your answer in percentage to two decimals. E.g., "5.02%" should be entered as "5.02".

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