The required rate of return on uti stock

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Required Rate of Return

As an equity analyst you are concerned with what will happen to the required return to Universal Toddler Industries stock as market conditions change. Suppose rRF = 6%, rM = 13%, and bUTI = 1.8.

Under current conditions, what is rUTI, the required rate of return on UTI Stock? Round your answer to two decimal places. %

Reference no: EM131320445

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