What is the required rate of return on the stock market

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Apex Roofing's stock has a beta of 1.50, its required return is 14.00%, and the risk-free rate is 5.00%. What is the required rate of return on the stock market?

10.50% 

11.00% 

11.50% 

12.00% 

12.50%

Reference no: EM131140442

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