Aa industriess stock has a beta of 15 the risk-free rate is


Question: Required Rate of Return

AA Industries's stock has a beta of 1.5. The risk-free rate is 3%, and the expected return on the market is 14%. What is the required rate of return on AA's stock? Round your answer to two decimal places. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Aa industriess stock has a beta of 15 the risk-free rate is
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