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

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

Round to two decimal places.

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