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Required rate of return on market-fiske roofing supplies

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Reference no: EM132652182

Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 11.25%, and the risk-free rate is 4.30%. What is the required rate of return on the market? (Hint: First find the market risk premium.)

Reference no: EM132652182

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