Calculate the required return on king farm common stock

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Reference no: EM131966095

Answer the following question

King Farm Manufacturing Company's common stock has a beta of 1.62. If the risk-free rate is 2.65 percent, and the market return is 9.90 percent, calculate the required return on King Farm Manufacturing's common stock.

Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box)

Reference no: EM131966095

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