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You are currently working at a publicly traded company. The risk-free rate in the economy right now is 1.5%. You believe the market will average

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You are currently working at a publicly traded company. The risk-free rate in the economy right now is 1.5\%. You believe the market will average 7.44\% per year over the long run. Your company's stock has a beta of 3.1. What is the required return for your company's stock? (Please enter the percent retum without the \% sign at the end since Canvas doesn't like that symbol in numerical answers - for instance 20.45 for 20.45% )

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