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A company's stock had a required return of 14.75% last year, when the risk-free rate...

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A company's stock had a required return of 14.75% last year, when the risk-free rate was 3.0% and the market risk premium was 8.50%. Now suppose there is a shift in investor risk aversion, and the market risk premium increases by 1%. The risk-free rate and the beta remain unchanged. What is this company's new required return? 14.23% 15.96% 17.16% 16.13% O 18.37%

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