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Problem:

The risk-free rate of return is 4.2 percent, the expected market return is 9 percent, and the beta for Lea, Inc. is 1.12.

Required:

Question: What is Lea's required rate of return?

Note: Explain all steps comprehensively.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91170464

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