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Wizard Co . expects 6 5 % of its total value to end up in the real estate division, 2 5 % in the consulting

Wizard Co. expects 65% of its total value to end up in the real estate division, 25% in the consulting division, and 10% in the distribution division.
Based on this information, what rate of return should its investors require once it opens the new divisions? (Note: Round your intermediate calculations to two decimal places.)
12.23%
10.93%
15.68%
13.78%

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