What is the required rate of return on the market

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Question - Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 8.75%, 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.)

a. 7.92%

b. 7.76%

c. 7.84%

d. 8.00%

e. 8.08%

Reference no: EM133125409

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