Determining the market risk premium

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The company's stock has a beta equal to 1.14, the risk-free rate is 4.5 percent, and the market risk premium is 6.9 percent. What is your estimate of the stock's required rate of return? Answer in a percentage without the % sign, and round it to two decimal places, i.e.,10.54for 10.54% (or 0.1054).

Reference no: EM131434730

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