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Steins Corp. has a beta of 1.7 and a standard deviation of returns of 19%. The...

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Finance

Steins Corp. has a beta of 1.7 and a standard deviation ofreturns of 19%. The return on the market portfolio is 10.55% andthe risk-free rate is 2.72%. According to CAPM, what is therequired rate of return on Stein's stock? Submit your answer as apercentage and round to two decimal places (EX. 0.00%)

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Information providedRisk free arte 272Beta 17Return on market portfolio 1055The required    See Answer
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Steins Corp. has a beta of 1.7 and a standard deviation ofreturns of 19%. The return on the market portfolio is 10.55% andthe risk-free rate is 2.72%. According to CAPM, what is therequired rate of return on Stein's stock? Submit your answer as apercentage and round to two decimal places (EX. 0.00%)

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