Expected required rate of return of stock

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Nanotech Inc. is a biotechnology firm focusing and vaccine technology. The debt to equity ratio (in market value terms) of and the tax rate is 30%. The firm has currently an unlevered fundamental beta of -0.51, If the risk free is 3% and you expect the market return to be 11%, what is the expected required rate of return of this stock?

Reference no: EM132803362

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