Question: 3. Problem 8.03 Click here to read the eBook: The Relationship Between Risk and Rates of Return Problem 8-3 Required rate of return Assume that

 3. Problem 8.03 Click here to read the eBook: The Relationship

3. Problem 8.03 Click here to read the eBook: The Relationship Between Risk and Rates of Return Problem 8-3 Required rate of return Assume that the risk-free rate is 6% and the expected return on the market is 13%. What is the required rate of return on a stock with a beta of 2.1? Round your answer to two decimal places. %

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