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Wolverine Cookin', Inc. just paid its annual dividend of $0.65 per share. The stock has a market price of $13.00 and a beta of 1.12.

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Wolverine Cookin', Inc. just paid its annual dividend of $0.65 per share. The stock has a market price of $13.00 and a beta of 1.12. The current U.S. Treasury Bill rate is 1.5 percent and the market risk premium is 6.8 percent. What is the required rate of return on equity for Wolverine? O 7.34% O 8.30% 09.12% O 7.43% O 7.80%

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