The company's stock has a beta equal to 1.58 , the risk-free rate is 4.5 percent, and the market risk premium is 6.4 per
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The company's stock has a beta equal to 1.58 , the risk-free rate is 4.5 percent, and the market risk premium is 6.4 per
The company's stock has a beta equal to 1.58 , the risk-freerate is 4.5 percent, and the market risk premium is 6.4 percent.What is your estimate of the stock's required rate of return?Answer in a percentage without the % sign, and round it to twodecimal places, i.e., 10.54 for 10.54%(or 0.1054).