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ABC, Inc., has a beta of 2.03. The risk-free rate is 2.3% and the market risk...

ABC, Inc., has a beta of 2.03. The risk-free rate is 2.3% and the market risk premium is 6%. What is the required rate of return on ABC's stock?

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Answer #1

required rate of return=risk free rate+Beta*market risk premium

=2.3+2.03*6

which is equal to

=14.48%

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