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Try to determine the required rate of return on King Farm Corporation's common stock. The firm's beta is 1.82. The rate on a 10-year Treasury

Try to determine the required rate of return on King Farm Corporation's common stock. The firm's beta is 1.82. The rate on a 10-year Treasury bond is 3.63 percent, and the market risk premium is 6.53 percent.

Round the answers to two decimal places in percentage form.

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