Historically, Baker projects have had an average beta of 1.2, which indicates the higher risk...
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Historically, Baker projects have had an average beta of 1.2, which indicates the higher risk levels for the firm. Assuming the market risk premium (MRP) currently estimated to be 7.0% and the risk-free rate is 5.15%, what is the required return for an "average" Baker project using based on its average project beta? Show the average required return to 2 decimal places (x.xx%).
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