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  3. moderna incorporation's stock has a beta of 1.69,

Moderna Incorporation's stock has a beta of 1.69, the risk-free rate is 2.25%, and the...

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Moderna Incorporation's stock has a beta of 1.69, the risk-free rate is 2.25%, and the market risk premium is 10.85%. What is the firm's required rate of return? Round your intermediate calculations to at least 4 decimal places.16.78%20.59%16.09%18.34%

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